Question 15 1 points SAVE ANSWER Peter operates a tyre retail business as a sole...

90.2K

Verified Solution

Question

Accounting

image
Question 15 1 points SAVE ANSWER Peter operates a tyre retail business as a sole trader. Advise Peter which of the following payments would not be an allowable deduction to his business for the year ended 30 June 2021: O a $2,600 quarterly employee superannuation guarantee paid 27 June 2021 O b. $245 general interest charge on late payment of 2019 tax paid 25 November 2020 c. $3,200 paid 21 March 2021 for back pay of staff wages relating to the 2020 tax year d. $5,300 quarterly PAYG instalment paid 28 February 2021 $4,100 quarterly employee PAYG withholding for the period ended 30 June 2021 paid to the ATO 26 July 2021 e

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students