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under the Code of Professional Conduct (Code) in the TASA, Wayne must ensure that the payroll services provided on his behalf by Leigh are provided competently by reviewing Leigh’s work to ensure its accuracy.Alternatively, if Leigh is a registered BAS agent whose expertise is in payroll services, then Wayne may meet this requirement of the Code without reviewing Leigh’s work.Task 12 (2 Marks) - PAYG & HELPInstruction for student: This is an individual task. You need to calculate PAYG Tax and HELP debt for thefollowing employees (Use current year Weekly tax table and Weekly HELP tableavailable in ATO website ) assuming all employees are residents below.EmployeeTFNQuotedTax FreeThresholdClaimedWeeklyWagePAYGTaxHELPNetWagesAlberto MatadorNONO$431.00Lance LivestrongYESYES$687.00Robbie McEvenYESNO$775.00Cadel Stevens YESYES$690.00Stuart McGradyNONO$520.00TotalBusiness Activity Statement, Assessment 1, v1.1Page 55
Task 13 (3 marks) - PAYG, Pay Frequency & Withholding CalculationInstruction for student: This is an individual task. You need to fill the following table using appropriate tax tablefrom ATO website (Please show your calculations / break down belowthe table). All these employees have worked 52 weeks in the 2014- 2015 financial year.YearlyIncome ($)Resident/ NonResidentTax FileNumberPayFrequencyPay / PayFrequency (GrossPay)WithholdingTax/ PayFrequency YearlyWithholdingTotal18200NonResidentNotQuotedWeekly182000ResidentQuotedForthNightly76000ResidentNotQuotedForthNightly92000ResidentQuotedWeeklyBusiness Activity Statement, Assessment 1, v1.1Page 56
90000NonResidentQuotedForthNightly45000ResidentQuotedWeekly36000NonResidentQuotedWeekly25000ResidentQuotedWeekly32000ResidentQuotedWeeklyTask 14 (2 marks)- Medicare Levy and MLS CalculationInstruction for student: This is an individual task. You need to calculate Medicare Levy & Medicare LevySurcharge based of individual’s yearly income. All these employees are adult, singleand have no private health insurance cover. Please show your calculations / breakdown below the table.YearlyIncomeResident/ NonResidentMedicare LevyMedicare LevySurcharge18200Non Resident182000Resident76000Resident92000Resident90000Non Resident45000Resident36000Non Resident25000ResidentBusiness Activity Statement, Assessment 1, v1.1Page 57
32000ResidentTask 15 (10 marks) - Record Employee Information & Process PayrollInstruction for student: This is an individual task. You need to create a company file in MYOB using the giveninformation and enter employee details and their payroll details applying relevantlegislation and standards. Send your MYOB file at your teacher’s email address. (Referto eLearning for other employee information and weekly timesheet)Required: Create a company using the following information in MYOB andProcess PayrollSet up a company with your name- Your First Name-Last Name-Your Student IDMount Isa Cleaners Pty Ltd with ABN 99 999 999 999. Use current year (you don’t needto change any details, like conversion month, current year). Select Retail industry withbusiness type- Garden Centre/ Nursery. Load tax level. Load payroll tax. Use 9.50% for