Which of the following taxpayers are liable to pay the Medicare levy surcharge? Select one: A. Ian has a taxable income of $20,000, is single without dependants and doesn't have private health insurance B. Susan and Murray have a combined taxable income of $95,000, four children aged two to 10, and hold private health insurance (hospital cover) C. Vlad and Wilma have a combined taxable income of $310,000, two children under 18 and do not hold private health insurance D. Amelia has a taxable income of $65,000, is a sole parent to Charlie (5) and holds private health insurance (hospital cover)
Which of the following taxpayers are liable to pay the Medicare levy surcharge? Select one: A. Ian has a taxable income of $20,000, is single without dependants and doesn't have private health insurance B. Susan and Murray have a combined taxable income of $95,000, four children aged two to 10, and hold private health insurance (hospital cover) C. Vlad and Wilma have a combined taxable income of $310,000, two children under 18 and do not hold private health insurance D. Amelia has a taxable income of $65,000, is a sole parent to Charlie (5) and holds private health insurance (hospital cover)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
Which of the following taxpayers are liable to pay the Medicare levy surcharge?
Select one:
A.
Ian has a taxable income of $20,000, is single without dependants and doesn't have private health insurance
B.
Susan and Murray have a combined taxable income of $95,000, four children aged two to 10, and hold private health insurance (hospital cover)
C.
Vlad and Wilma have a combined taxable income of $310,000, two children under 18 and do not hold private health insurance
D.
Amelia has a taxable income of $65,000, is a sole parent to Charlie (5) and holds private health insurance (hospital cover)
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