Manpreet Kaur a 45 years old employee (Resident Individual) that have annual salary of $98,000 during Tax
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Manpreet Kaur a 45 years old employee (Resident Individual) that have annual salary of $98,000 during Tax Year 20-21, where she also received a fully franked dividend from resident public company for the amount of $6,300. Manpreet got some eligible deductions for the year to the amount of $5,800. Manpreet has private insurance cover during the year.
Manpreet has paid tax during the year on Manpreet’s salary for the amount of $27,500 (PAYG).
Manpreet also still have HELP loan balance ($15,000) that Manpreet still needs to pay.
Based on the above information, what will be Manpreet tax payable/refund for the year 20-21 tax year?
Related Book For
Essentials of Statistics for Business and Economics
ISBN: 978-1305081598
7th edition
Authors: David Anderson, Thomas Williams, Dennis Sweeney, Jeffrey Cam
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