Peter is an Australian resident adult individual with a taxable income of $167,250 for the income year. Worked out without any rounding, his basic income tax liability is: (a) $31,777.50. (b) $46,949.50. (c) $50,175.00. (d) $54,356.25. (e) $61,882.50. (f) None of the above. Cate is an Australian resident adult individual who is employed part-time as a nurse. During the income year, she derived wages of $65,000 and incurred $5,000 of deductible outgoings. She is not married and has no dependents but is entitled to a low income tax offset of $100. Cate’s actual tax liability for the income year is: (a) $22,200. (b) $19,500. (c) $11,400. (d) $9,967. (e) $9,867. (f) None of the above.
Peter is an Australian resident adult individual with a taxable income of $167,250 for the income year. Worked out without any rounding, his basic income tax liability is: (a) $31,777.50. (b) $46,949.50. (c) $50,175.00. (d) $54,356.25. (e) $61,882.50. (f) None of the above. Cate is an Australian resident adult individual who is employed part-time as a nurse. During the income year, she derived wages of $65,000 and incurred $5,000 of deductible outgoings. She is not married and has no dependents but is entitled to a low income tax offset of $100. Cate’s actual tax liability for the income year is: (a) $22,200. (b) $19,500. (c) $11,400. (d) $9,967. (e) $9,867. (f) None of the above.
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Your Question:
Peter is an Australian resident adult individual with a taxable income of $167,250 for the income year.
Worked out without any rounding, his basic income tax liability is:
(a) $31,777.50.
(b) $46,949.50.
(c) $50,175.00.
(d) $54,356.25.
(e) $61,882.50.
(f) None of the above.
Cate is an Australian resident adult individual who is employed part-time as a nurse.
During the income year, she derived wages of $65,000 and incurred $5,000 of deductible
outgoings.
She is not married and has no dependents but is entitled to a low income tax offset of $100.
Cate’s actual tax liability for the income year is:
(a) $22,200.
(b) $19,500.
(c) $11,400.
(d) $9,967.
(e) $9,867.
(f) None of the above.
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