Solved

During the Year Ended 30 June 2015 Barry Ltd, Pays

Question 27

Multiple Choice

During the year ended 30 June 2015 Barry Ltd, pays quarterly tax instalments as follows: €4000 on 28 October 2014
€11 000 on 28 February 2015
€12 000 on 28 April 2015
On 30 June 2015, Barry Ltd determines its total current tax liability for the year to be €33 000.
The final tax instalment for the year will be:


A) a refund of €2000;
B) a payment of €6000;
C) a payment of €12 000;
D) a payment of €33 000.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions