Calculation of current tax-example Profit before tax for Peach Ltd for the year...
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Calculation of current taxexample Profit before tax for Peach Ltd for the year to June is as follows: $ allowed as a tax deduction for plant. Government grants are exempt. Interest has not yet been received. Bad debts of $ were written off during the year. Payments of $ were made to employees in relation to annual leave taken during the year. The tax rate is Required: Calculate the current tax liability of Peach Ltd for 
Calculation of current taxexample
Profit before tax for Peach Ltd for
the year to June is as
follows:
$ allowed as a tax deduction for plant.
Government grants are exempt.
Interest has not yet been received.
Bad debts of $ were written off during
the year.
Payments of $ were made to
employees in relation to annual leave
taken during the year.
The tax rate is
Required:
Calculate the current tax liability of
Peach Ltd for
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