Please calculate the PAYG tax withheld amount based on the f
Please calculate the PAYG tax withheld amount based on the following information by using the weekly tax table.
• Weekly wages are $1,300
• Claim a tax offset of $1,500
• Claim tax-free threshold with leave loading
Solution
As per the weekly tax table:
Amount to be withheld on $1300= $ 287
Deduct weekly value on $1500 tax offset = $29
Total amount to be withheld= $ 258
