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MEMBER 186 writes: 

"I recently completed a client’s 1st quarter BAS with PAYG using Option 2 for the PAYG instalment. 

The instalment rate? 114.66% 

Not a bad effort that you have to pay more tax than what you earned for the quarter!! 

This outdid last year’s first quarter rate of around 96%. 

Needless to say that these rates were adjusted to reflect the client's actual liability.

How was this rate determined, particularly given that the client paid the correct tax, with a resulting small refund, for the previous year on the adjusted percentage?"