During the 2020/2021 tax year, Mrs Murray received a salary of $80,000. She also received investment income

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During the 2020/2021 tax year, Mrs Murray received a salary of $80,000. She also received investment income of $1,800 from fully franked dividends. She also had a rental income of $12,000. Advise Mrs Murray of the amount of tax that she will be liable to pay for the 2020/2021 tax year. Ensure that you show all workings and refer to any relevant legislative provisions.

Posted Date: Nov 16, 2021 05:52 PM

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During the 2020/2021 tax year, Mrs Murray received a salary of $80,000. She also received investment income

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Stepbystep explanation Particulars Amount Income from salary 80 000 Renta... View the full answer

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