Max Pty Ltd is a small business and base rate entity that derived $100000 assessable income, $40000 in deductions and

Max Pty Ltd is a small business and base rate entity that derived $100000 assessable income, $40000 in deductions and

Question:

Max Pty Ltd is a small business and base rate entity that derived $100000 assessable income, $40000 in deductions and had PAYGI of 2500in 2021. what is the taxpayable in the 2021 income year?

Expert Answer:

Answer rating: 100% (QA)

To calculate the tax payable for Max Pty Ltd in the 2021 income year we ll follow these steps 1 Calc
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