2.Develop budget forecasts Develop budget forecasts, ensuring that the analysis of the previous year’s data and future plans as indicated in the business plan is taken into account in determining...

this is a continuation of order 65279


2.Develop budget forecasts Develop budget forecasts, ensuring that the analysis of the previous year’s data and future plans as indicated in the business plan is taken into account in determining projected income and expenditure. Use the Budget Forecast Template to guide your work. Ensure that your budget includes the estimated income and costs for the conference and e-book to be implemented in 2018 in the document Costs and Income Assume a 5% increase in all general costs, as well as a 10% increase in income for consulting and executive recruitment service. Input costs and income for the conference and e-book as set out in the Costs and Income data. 3.Develop report on key financial compliance requirements and liabilities for tax. So that financial risks are managed in relation to the misappropriation of funds and recording of transactions, you are also required to outline reporting requirements and financial delegations as outlined in the company’s financial policy and procedures, as well as research and report on the company’s compliance requirements and tax liabilities. Research and report on the business’ key financial compliance requirements and liabilities for tax. The report should explain: use ATO website •GST reporting requirements (the company is required to report quarterly) •PAYG withholding obligations •PAYG income tax instalment •Payroll tax obligations (state government) •Superannuation entitlements and requirement to comply with legislation regarding frequency of payment, choice of fund and reporting to staff.