# response.md

**BAS Labels and Calculations**

- **G1 (Total sales, GST-inclusive):** $110,000

- **1A (GST on sales):** $110,000 ÷ 11 = **$10,000**

- **1B (GST on purchases):** $66,000 ÷ 11 = **$6,000**

- **W2 (Amounts withheld from wages):** $40,000 × 20% = **$8,000**

- **Net amount payable to the ATO:**
  (1A − 1B) + W2
  = ($10,000 − $6,000) + $8,000
  = $4,000 + $8,000
  = **$12,000**

**Summary Table**

| Label | Description | Amount |
|-------|-------------|--------|
| G1 | Total sales (GST-inclusive) | $110,000 |
| 1A | GST on sales | $10,000 |
| 1B | GST on purchases | $6,000 |
| W2 | PAYG withholding | $8,000 |
| **Net payable** | (1A − 1B) + W2 | **$12,000** |