Question: 6: Duling the year ended 30 Jun 2020, Ria, a resident of Australia, receives a fully franked dividend of $55,000 from a Company that pays

6: Duling the year ended 30 Jun 2020, Ria, a resident of Australia, receives a fully franked dividend of $55,000 from a Company that pays tax at the rate of 30 cents in the dollar and is nor a BRE. Required: Calculate the amount that must be added to her assessable income in relation to the fully franked dividend. 80534

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Question 5: During the year ended 30 June 2022 XYZ Pty Limited, a resident Australian private company, received a franked dividend of $10,800 with $3,200 of attached franking credits. XYZ Pty Limited...

During the year ended 30 Jun 2020, Genny, a resident of Australia, receives a fully franked dividend of $13751 from XYZ Ltd. XYZ Ltd is a company that pays income tax at the rate of 30%. Required:...

During the year ended 30 Jun 2020, Genny, a resident of Australia, receives a fully franked dividend of $17409 Required: Calculate the amount that must be added to her assessable income in relation...

During the year ended 30 Jun 2022, Rachel, a resident of Australia, receives a fully franked dividend of $7823 from XYZ Ltd. XYZ Ltd is a Company that pays income tax at the rate of 30%. Required:...

During the year ended 30 Jun 2024, Jecyle, a resident of Australia, receives a fully franked dividend of $4012 from AAA Ltd. AAA Ltd is a Company that pays income tax at the rate of 30%. Required:...

1 Tax Law T321 During the year ended 30 Jun 2021, Catherine, a resident of Australia, receives a fully franked dividend of $15739 from an Australian Resident Company. The company had paid tax at the...

Tunela 6:56.10 During the year ended 30 Jun 2021, Celine, a resident of Australia, receives a fully franked dividend of $46354 from an Australian Resident Company The company had paid tax at the rate...

During the year ended 30 Jun 2021, Catherine, a resident of Australia, receives a fully franked dividend of $15739 from an Australian Resident Company. The company had paid tax at the rate of 30...

During the year ended 30 Jun 2021, Celine, a resident of Australia, receives a fully franked dividend of $36944 from an Australian Resident Company. The contpany had paid tax at the rate of 30 cents...

During the year ended 30 June 2023, Celine, a resident of Australia receives a fully franked dividend of 78971 from an Australian resident company . The company had paid tax at the rate of 30 seats...

Plan a ten-minute presentation on a topic about which you are knowledgeablea hobby, a task, a vacation trip, a part-time job, directions to complete a task, or other topic. In planning the...

The 13-Mb genome of the green alga Ostreococcus tauri contains~8000 genes. Compare the gene density in this eukaryote to that of E. coli (4300 genes) and that of A. thaliana (~25,500 genes).

A bond that was issued one year ago and has 8 more years until maturity, a yield to maturity ( YTM ) of 7 . 8 0 % , and a price of $ 8 7 8 . 0 1 . The bond s par value of $ 1 , 0 0 0 is returned at...

CT Corp Comprehensive Question Canadian Tire Corporation, Limited (Canadian Tire) is a family of companies that includes a retail segment and a financial services division, among others. The retail...

Consider a country where you may want to work. Research the cultural differences you may encounter and work out how this would affect the management of people in organisations in that country.

If you have fellow students from a number of countries, choose fi ve of them and discuss with them their working experience of how recruitment, performance management and reward operate in practice.

Disparate impact analysis (the four-fifths rule, standard deviation analysis) is used in employment discrimination cases. The National Assessment of Education Progress conducted by the U.S....