On December 5 2021, Blake resigned from his job at the age of 52 an received a $170 000 golden handshake payment from his employer. Blake also earned salary of $40 000 during the 2021/2022 income year. Calculate Blake's tax liability for the income year.

Answer rating: 100% (QA)

To calculate Blakes tax liability for the income year we need to consider both the golden handshake ... View the full answer