PAYG payment summary – individual non-business All sections of this form must be completed. For help‚ refer to How to complete the PAYG payment summary – individual non-business (NAT 3388). 00460211 Payment summary for year ending 30 June Section A: Payee details Payee’s surname or family name Payee’s given name/s Payee’s residential address Suburb/town/locality Day Month Year If you are amending a payment summary you have already sent‚ place X in this box. State/territory Postcode
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the status of gratuitous payments are relevant in determining whether the bonuses received are assessable income. We can determine that the bonuses satisfactorily fulfil the requirement that for the bonuses to be assessable they must “come in”.(tenant v smith) Natural incidents of employment will be income‚ because they arise from a service relationship and because they are an expected incident of the occupations. (Kelly v DCT) Ultimately‚ it is the character of the payment in the hands of the recipient
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Razel Angelic Dela Cerna September 24 2013 Payment Method – The way that a buyer chooses to compensate the seller of a good or service that is also acceptable to the seller. Typical payment methods used in a modern business context include cash‚ check‚ credit or debit card‚ money orders‚ bank tansfers and online payment services such as PayPal™. Payment methods There are two types of payment methods; exchanging and provisioning. • Exchanging is to change coin‚ money and banknote in
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GEORGE SMITH PATTON JR. ( 1885 – 1945 ) INTRODUCTION George Smith Patton III was born on Nov 11‚ 1885 in San Gabriel‚ California‚ USA. He was known as “Old Blood and Guts “and “Georgie “. In 1909‚ he graduated from the U.S Military Academy at West Point and descendant of a Virginia family with a long military tradition. Patton became a keen student of the American Civil War (1861-1865)‚ especially its great cavalry leaders ‚ an interest that likely contributed to the strategy of bold ‚ highly
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In order to provide optimal service‚ managed care organizations utilize Capitation Payments to control healthcare costs by making the physicians responsible for services provided to patients. Meanwhile‚ a report is generated to measure level rates of resource utilization which are made available to the public. From this information‚ the quality of care can be applied to financial rewards and bonuses. To demonstrate‚ a physician is given a fixed amount of money per patient and per unit of time. This
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to emphasize the payment. When this happens the lender focuses on a numerical monthly payment that you are able to afford. The down side to this car salesmen like approach‚ is that the details of the monthly payment can be skewed to hurt you down the road in the future while appearing like a good deal in the near future. Another predatory practice is called ballooned loans. This type of lending gives the borrower a small monthly payment only covering interest. The last payment covers the principal
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Balance of Payments (BoP) The BoP is a summary statement in which‚ in principle‚ all the transactions of the residents of a nation with the residents of all other nations are recorded during a particular period of time‚ usually a calendar year. These transactions include payments for the country’s exports and imports of goods‚ services‚ financial capital‚ and financial transfers. The BoP accounts summarize international transactions for a specific period‚ usually a year‚ and are prepared in a single
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PAYMENT OF WAGES ACT‚ 1936 [4 OF 19361] With State Amendments An Act to regulate the payment of wages to certain classes of 2[employed persons] Whereas it is expedient to regulate the payment of wages to certain classes of 2[employed persons]. It is hereby enacted as follows :— Short title‚ extent‚ commencement and application. 1. (1) This Act may be called the Payment of Wages Act‚ 1936. 3[(2) It extends to the whole of India 4[***].] (3) It shall come into force on such date5 as the Central
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3 THE PAYMENT OF BONUS ACT‚ 1965 Learning Objectives In this Chapter‚ the students will understand the♦ Applicability and non-applicability of the Act to certain classes of establishments and employees ♦ Computation of profits for the purpose of calculation of allocable and available surplus for the purpose of determination of bonus ♦ Set on and Set off of allocable surplus ♦ Percentage limits for minimum and maximum bonus ♦ Other miscellaneous provisions 3.1 Introduction This is an Act intended
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Bond Interest and Principal Payments A bond is a type of long-term debt that is issued by a corporation and is purchased by an investor for cash. A formal contract is issued by the corporation that states the legal terms of the bond. The advantages of issuing a bond from a corporation is that the ownership interest of the bondholders will not be diluted and those bonds are available at lower costs than the common stocks available. After a bond is issued by the corporation‚ the bondholder is promised
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