During the 2017/2018 tax year Leonie received a salary of $45,500 of which $$11,997.40 tax has been
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During the 2017/2018 tax year Leonie received a salary of $45,500 of which $$11,997.40 tax has been withheld.
She also received investment income of $1,400 from fully franked dividends.
She had rental income of $19,000 with deductions of $1,200.
Leo. Who is Leonie's father, is dependent on Leonie but he has an adjusted taxable income of $2,650.
Advise Leonie of her tax liability for the 2017/2018 tax year.
Expert Answer:
Answer rating: 100% (QA)
Particulars Taxable Income Tax Amount Income from salary 45500 1199740 ... View the full answer
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