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Business Activity Statement, Assessment 1, v1.1Page 40
c)Can BAS agent provide payroll services? (0.50 Marks)d)Discuss the scope of BAS agent in payroll services. (0.50 Marks)e)Who else can provide payroll services? identify the need for independent expert advice providers. (0.50 Marks)Task 12 (2 Marks) - PAYG & HELPInstruction for student: This is an individual task. You need to calculate PAYG Tax and HELP debt for the followingemployees (Use current year Weekly tax table and Weekly HELP table available in ATO website) assuming all employees are residents below.EmployeeTFNQuotedTax FreeThresholdClaimedWeeklyWagePAYGTaxHELPNetWagesBusiness Activity Statement, Assessment 1, v1.1Page 41
Alberto MatadorNONO$431.00103328Lance LivestrongYESYES$687.0074613Robbie McEvenYESNO$775.00221554Cadel Stevens YESYES$690.0074616Stuart McGradyNONO$520.00133387Total31036052498Task 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 table fromATO website (Please show your calculations / break down below the table). Allthese employees have worked 52 weeks in the 2014- 2015 financial year.Business Activity Statement, Assessment 1, v1.1Page 42