Reference no: EM133033785
ACCT6005 Taxation Law and Practice - Southern Cross University
Assessment - Business Activity Statement (BAS)
In this assignment, you will be provided with a business case study (below) and you will prepare a business activity statement (BAS) for the business.
This assessment covers the topics of Payroll, GST & FBT (Topics 1 - 4) and it assumes that you have completed all activities and tasks for these weeks. This is an individual assignment
Assessment requirements
- Completion of working papers and the Business Activity Statement (BAS) using the excel template provided in the assessment tasks and submission section of the unit's MySCU site. Your completed excel document will then be submitted via a turnitin submission link provided.
- Completion of a one hour online timed test to be attempted once you have completed the BAS and the associated working papers. This test can be located in the assessment tasks and submission section of the unit's MySCU site.
Business case study information
Sally owns the business operating as Planet Pets. Sally is a sole trader for tax purposes. Planet Pets manufacture chemical free toys for domestic animals and designer collars, for customer's pets. Both of their products are manufactured and warehoused on the Gold Coast and sold to various wholesalers and retail outlets throughout Australia. Planet Pets has five (5) employees.
Sally has asked for your assistance in completing the September quarter 2021 Business Activity Statement (BAS). Sally is registered for GST and operates on an accruals basis. To assist you, Sally has provided you with the following information about the activities of the business for the September 2021 quarter.
Attachment:- Business Activity Statement.rar
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