How much GST credit can Miller P/L claim in Dec 2022 quarter BAS?

Corporate Fin Focused Approach
5th Edition
ISBN:9781285660516
Author:EHRHARDT
Publisher:EHRHARDT
Chapter16: Supply Chains And Working Capital Management
Section: Chapter Questions
Problem 8P
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Miller Pty Ltd is an Australian company and
registered for GST. Miller P/L paid the following
expenses in Dec 2022 quarter.
Salary & Wages $250000
Interest on a business loan $65000
Rent for the office $59595
Accounting Fees 6561
How much GST credit can Miller P/L claim in Dec
2022 quarter BAS?
Answer:
6016
X
Transcribed Image Text:Miller Pty Ltd is an Australian company and registered for GST. Miller P/L paid the following expenses in Dec 2022 quarter. Salary & Wages $250000 Interest on a business loan $65000 Rent for the office $59595 Accounting Fees 6561 How much GST credit can Miller P/L claim in Dec 2022 quarter BAS? Answer: 6016 X
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