Complete an annual reconciliation to calculate the amount

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Reference no: EM133492855

Question: Dynamite Pty Ltd paid annual gross wages of $1,320,000. The monthly gross wagesand amounts of payroll tax paid, not including fringe benefits, were as follows: Gross WagesGross Wages

July$ 80,000

August$ 80,000

September$ 90,000

October$ 92,000

November$ 95,000

December$ 97,000

January$ 133,000

February$ 140,000

March$ 125,000

April$ 127,000

May$ 133,000

June$ 128,000

Total $1,320,000

Dynamite Pty Ltd paid no interstate wages for the year. It operated for the full year and the company was not part of any group during the tax year. As at 31st May, Dynamite Pty Ltd had paid $35,700 in payroll taxes. Complete an annual reconciliation to calculate the amount of the final monthly payment/refund for June

Reference no: EM133492855

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