For the year ended 30 June 2020 the MKY Self-Managed Superannuation Fund (a complying superannuation fund) received $50?000deductible concessional contributions (for two eligible members) and fully franked dividends of14?000received. One member contributed30?000non-concessional contributions to the Fund. The Fund also paid $1 000 in accounting fees and $800 in auditing fees. What will be the tax liability of this Fund for the year ended 30 June 2020 (ignore any SMSF Supervisory levy)?

Question

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The Answer of For the year ended 30 June 2020 the MKY Self-Managed Superannuation Fund (a complying superannuation fund) received $50?000deductible concessional contributions (for two eligible members) and fully franked dividends of14?000received. One member contributed30?000non-concessional contributions to the Fund. The Fund also paid $1 000 in accounting fees and $800 in auditing fees. What will be the tax liability of this Fund for the year ended 30 June 2020 (ignore any SMSF Supervisory levy)?

For the Year Ended 30 June 2020 the MKY Self-Managed