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Strategic Management Essay

565 words - 3 pages

Please Make Sure You Answer All the Questions.
Question 6 On what basis are you paid?
Most Staffs are on Casual Basis.
Question 7 Are you an Australian resident for tax purposes?
Generally, we consider you to be an Australian resident for tax purposes if you:
* (1) have always lived in Australia or you have come to Australia and now live here permanently
* (2) are an overseas student doing a course that takes more than six months to complete
* (3) have been in Australia continuously for six months or more and for most of that time you worked in the one job and lived in
* the same place
* (4) will be or have been in Australia for more than half of the financial year (unless your usual home is overseas and you do not
* intend to live in Australia).
If you go ...view middle of the document...

However, there is an exception with seniors and pensioners, zone or overseas forces tax offsets. |

Question 8 Do you want to claim the tax-free threshold from this payer?
Answer yes if you want to claim the tax-free threshold, you are an Australian resident for tax purposes and one of the following
applies:
* (1) you are not currently claiming the tax-free threshold from another payer
* (2) you are currently claiming the tax-free threshold from another payer and your total income from all sources will be less than
* the tax-free threshold.

 Answer no if one of the following applies:
* (1) you answered no at question 7
* (2) you are currently claiming the tax-free threshold from another payer and your total income from all sources will be more than
* the tax-free threshold
* (3)you do not want to claim the tax-free threshold
In 2012-13 the $18,200 tax-free threshold for pay as you go (PAYG) withholding purposes is equivalent to:
* (1) $350 a week or (2) $700 a fortnight or (3) $1,517 a month
| If you receive any taxable government payments or allowances such as Newstart, Austudy or Youth Allowance, you are likely to be already claiming the tax-free threshold from that payment. |

Question 11 (a) Do you have an accumulated Higher Education Loan Program (HELP) debt?
You have a HELP debt if:
* (1) the Australian Government lends you money under HECS-HELP, FEE-HELP, OS-HELP, VET FEE-HELP or SA-HELP
* (2) you have a debt from the previous Higher Education Contribution Scheme (HECS).
(b) Do you have an accumulated Financial Supplement debt?
Answer yes if you have an accumulated Financial Supplement debt.
Answer no if you do not have an accumulated Financial Supplement debt, or you have repaid your Financial Supplement debt
in full.

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