Describe how you would calculate and transcribe group tax amounts and make payments in accordance with...

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Finance

Describe how you would calculate and transcribe group taxamounts and make payments in accordance with taxation procedures.Ensure you provide an explanation on how to calculate PAYGwithholding; the weekly tax table, and how to calculate taxoffsets, FBT, HELP debt tax and financial supplement debt tax.(under topic manage payroll of leadership management.)

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FBT refers to Fringe Benefit Tax Fringe benefits refer to various nonwage compensation received by employees in addition to their wages Fringe Benefit tax is the tax paid    See Answer
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Describe how you would calculate and transcribe group taxamounts and make payments in accordance with taxation procedures.Ensure you provide an explanation on how to calculate PAYGwithholding; the weekly tax table, and how to calculate taxoffsets, FBT, HELP debt tax and financial supplement debt tax.(under topic manage payroll of leadership management.)

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