a) b) Doug (resident of Australia) earns $190,000 from his employment as an IT specialist. He...
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a) b) Doug (resident of Australia) earns $190,000 from his employment as an IT specialist. He has no allowable deductions. Doug (resident of Australia) earns $32,500 from his employment as an IT specialist. He has no allowable deductions. XYZ Pty Limited (resident of Australia and not an SBE / BRE) has assessable income of $32,500 for the tax year. It has no allowable deductions. Required: Calculate the net tax payable/refundable that would be assessed in relation to the situations. referred to above for the year ended 30 June 2019 a) b) Doug (resident of Australia) earns $190,000 from his employment as an IT specialist. He has no allowable deductions. Doug (resident of Australia) earns $32,500 from his employment as an IT specialist. He has no allowable deductions. XYZ Pty Limited (resident of Australia and not an SBE / BRE) has assessable income of $32,500 for the tax year. It has no allowable deductions. Required: Calculate the net tax payable/refundable that would be assessed in relation to the situations. referred to above for the year ended 30 June 2019
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a Dougs Situation Doug earns 190000 from his employment as an IT specialist with no allowable deduct... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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