BSBFIM601 Manage Finances - Assessment Task 1

Task 1

Question 6

Outline the key requirements around tax for companies in Australia including:

1. how annual tax is reported
2. the methods by which it can be paid
3. the name and value of the two tax rates for Australian companies and when each applies
4. The small business tax rates for FY (Financial Year) 2019, FY 2020, FY 2021 and FY 2022

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