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  • Bay Beak Co. - Activity Statement

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    Janine Leigh Bacalso
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    Bay Beak Co. paid $7,102 in salaries and wages in January 2022, withholding $2,608 in PAYG tax. They owe the Tax Office $2,608 in PAYG tax withheld. The business also paid $341.27 in superannuation contributions and $358.38 in the second payroll period. The GST audit report details the payroll expenses and tax withholdings for the two payroll periods in January with no GST collected or owed.

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    Bay Beak Co. paid $7,102 in salaries and wages in January 2022, withholding $2,608 in PAYG tax. They owe the Tax Office $2,608 in PAYG tax withheld. The business also paid $341.27 in superannuation contributions and $358.38 in the second payroll period. The GST audit report details the payroll expenses and tax withholdings for the two payroll periods in January with no GST collected or owed.

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    © All Rights Reserved
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    17 views2 pages

    Bay Beak Co. - Activity Statement

    Uploaded by

    Janine Leigh Bacalso
    Bay Beak Co. paid $7,102 in salaries and wages in January 2022, withholding $2,608 in PAYG tax. They owe the Tax Office $2,608 in PAYG tax withheld. The business also paid $341.27 in superannuation contributions and $358.38 in the second payroll period. The GST audit report details the payroll expenses and tax withholdings for the two payroll periods in January with no GST collected or owed.

    Copyright:

    © All Rights Reserved
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    of 2

    Business Activity

    Statement
    Bay Beak Co. 
    For the period 1 January 2022 to 31 January 2022 
    ABN 66001991457
    GST Accounting Method Cash Basis

    PAYG Tax Withheld 


    Total salary, wages and other payments W1 7,102.00
    Amount withheld from payments shown at W1 W2 2,608.00
    Amount withheld where no ABN is quoted W4 0.00
    Other amounts withheld (excluding any amount shown in W2 or W4) W3 0.00
    Total amounts withheld (W2 + W4 + W3) W5 2,608.00

    Amounts you owe the Tax Office 


    PAYG tax withheld 4 2,608.00
    Deferred company/fund instalment 7 0.00
    4+7 8A 2,608.00

    Amounts the Tax Office owes you 


    8B 0.00

    Payment or Refund 
    Is 8A more than 8B? Yes
    Your payment 9 2,608.00

    Activity Statement  |  Bay Beak Co.  |  1 Jan 2022 to 31 Jan 2022   Page 1 of 2


    GST Audit Report

    Bay Beak Co. 


    For the period 1 January 2022 to 31 January 2022 
    Date Account Reference Details Gross GST Net

    BAS Excluded 
    17 Jan 2022 Wages and Salaries Payroll Expense Earnings 3,518.30 0.00 3,518.30
    (477) Journal - PD-1
    17 Jan 2022 PAYG Withholdings Payroll Expense Tax (1,311.00) 0.00 (1,311.00)
    Payable (825) Journal - PD-1
    17 Jan 2022 Superannuation Payroll Expense Superannuation 341.27 0.00 341.27
    (478) Journal - PD-1 Expense
    17 Jan 2022 Superannuation Payroll Expense Superannuation (341.27) 0.00 (341.27)
    Payable (826) Journal - PD-1 Liability
    17 Jan 2022 Wages Payable - Payroll Expense Wages Payable (2,207.30) 0.00 (2,207.30)
    Payroll (804) Journal - PD-1
    31 Jan 2022 Wages and Salaries Payroll Expense Earnings 3,583.80 0.00 3,583.80
    (477) Journal - PD-2
    31 Jan 2022 PAYG Withholdings Payroll Expense Tax (1,297.00) 0.00 (1,297.00)
    Payable (825) Journal - PD-2
    31 Jan 2022 Superannuation Payroll Expense Superannuation 358.38 0.00 358.38
    (478) Journal - PD-2 Expense
    31 Jan 2022 Superannuation Payroll Expense Superannuation (358.38) 0.00 (358.38)
    Payable (826) Journal - PD-2 Liability
    31 Jan 2022 Wages Payable - Payroll Expense Wages Payable (2,286.80) 0.00 (2,286.80)
    Payroll (804) Journal - PD-2
    Total BAS Excluded 0.00 0.00 0.00
    Total 0.00 0.00 0.00

    Activity Statement  |  Bay Beak Co.  |  1 Jan 2022 to 31 Jan 2022   Page 2 of 2

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