Reference no: EM132699213
Question - Comprehensive calculation for a prescribed person
Ron Veldhuis is aged 16 and is currently studying full-time at high school whilst living with his parents.
During the 2017/18 tax year, Ron received the following amounts:
Gross Wages from part-time job (PAYG tax withheld $800) 4,700
Gross Interest received on fund given by his parents (TFN withheld $4,900) 10,000
Income Distribution from Estate of Late Aunt 7,500
Income Distribution from Family Trust (tax paid by Trustee $1,500) 6,000
Unfranked Dividend from shares in QQQ Ltd (these were bought with funds from previous Family Trust distributions) 1,200
Required -
(a) For the purposes of Div 6AA, how much excepted assessable income has Ron derived?
(b) For the purposes of Div 6AA, how much eligible assessable income has Ron derived?
(c) Calculate net tax payable by Ron for the 2017/18 tax year.
|
Customer relationship management
: A good exercise for all CRM projects is to take select high-level sales and marketing organization strategies
|
|
What are important considerations and potential complication
: A 38-year-old woman presents to the office with complaints of weight loss, fatigue, and insomnia of 3-month duration. She reports that she has been feeling.
|
|
Determining the additional debt financing
: Why would a company rather sell stock rather than taking on additional debt financing?
|
|
Evaluate how much each class of shares should receive
: Concord Limited, Assuming that the directors decide to declare total dividends in the amount of $441,004, determine how much each class of shares should receive
|
|
Calculate net tax payable by ron for the tax year
: Gross Interest received on fund given by his parents (TFN withheld $4,900) 10,000. Calculate net tax payable by Ron for the 2017/18 tax year
|
|
Discuss what you as a quality manager would do now
: Also, the customer was not happy with the delivered functionality. Discuss what you as a Quality Manager would do now? Two references
|
|
Labor relations law-employees will use to unionize
: What is the process that employees will use to unionize? How can collective bargaining deliver improvements for workers in the organization?
|
|
Calculate the gain or loss on the disposal at the end
: ABC decided to upgrade to equipment with increased capacity and sold the original piece of equipment for $10,000. Calculate the gain or loss on the disposal
|
|
What the amount of each semiannual interest payment is
: What the amount of each semiannual interest payment is? A company issues 9%, 5-year bonds with a par value of $150,000 on January 1
|