You client, Rob, has the following income and deductions for the financial year ended 30 June 2018:
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Question:
You client, Rob, has the following income and deductions for the financial year ended 30 June 2018: salary, $32,000; bank interest received, $150; and allowable deductions for special work clothing, $450. Rob’s employer has deducted $2600 as PAYG tax from his salary during the year.
Calculate Rob’s income tax payable or refundable.
Related Book For
Financial Accounting and Reporting
ISBN: 978-0273744443
14th Edition
Authors: Barry Elliott, Jamie Elliott
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