Problem
Using the information provided below determine the PAYG to be deducted from the employee's annual leave, and the net pay she will receive using the NAT 1005 tax table.
Jennifer Long has worked for ABC Pty Ltd for the past 18 months, in a full time capacity as a receptionist. She is an Australian resident for tax purposes and receives an annual salary of $39,000. She is paid weekly and has no HELP, SSL or TSL debt. Jennifer is paid a weekly wage of $750 before tax, and she opted to take advantage of the tax free threshold when she completed the tax declaration form. No loading applies to annual leave taken by Jennifer.
Jennifer will take two weeks annual leave. Determine the PAYG to be deducted from the employee's annual leave, and the net pay she will receive.