Problem
1) What advice might the ATO provide in regards to legislation related to taxes reported on activity statements?
2) How could a business improve its cash flow to ensure sufficient funds are available to meet taxation obligations? Conduct independent research as needed.
3) What is the basic, underlying principle of GST as it relates to supply? Conduct your own research.
4) What is PAYG?
5) What action should be taken if you identify an error and what should you do if you cannot locate or fix an error?