Considering the information below, calculate Jane tax liability (including Medicare Levy and Medicare Levy Surcharge, if applicable, and ignore any tax offsets such as LITO and LMITO): Jane is a married tax resident of Australia in the tax year 2018-2019 and has no private health insurance Assessable income for the year is of $195,000 Total deductions for the year are $25,000

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Considering the information below, calculate Jane tax liability (including Medicare Levy and Medicare Levy Surcharge, if applicable, and ignore any tax offsets such as LITO and LMITO):


Jane is a married tax resident of Australia in the tax year 2018-2019 and has no private health insurance
Assessable income for the year is of $195,000
Total deductions for the year are $25,000

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