For the year ended 30 June 2018, the business income and expenses for APC Restaurant are shown in the following Profit & Loss Statement that was prepared under cash basis:
Peter also provides you the following information for his tax return purpose. Besides his own business, Peter is also working as a kitchen hands in another restaurant. His PAYG Summary (previously known as group certificate) shows the following information:
Peter has the following other receipts:
The following table shows the information about expenses and payments:
Peter, single is a resident for tax purpose. He does not have any private hospital insurance.