Jane had the following income and expenditure INCOME Salary $25,000 Reimbursement of work-related based on cents-per-kilometres...

 

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Jane had the following income and expenditure INCOME Salary $25,000 Reimbursement of work-related based on cents-per-kilometres travelled $1900 Army Reserve income $2500 Dividend from ABC Pty Ltd $700. Franking credits attached to the dividend $300 EXPENDITURE Purchase of Army Reserve Uniform $300 A tax graduate friend who assisted in preparing tax return $250 Motor vehicle expenses reimbursed $2800 Complete the multiple blanks below to calculate Jane's taxable income and net tax payable including medicare levy. Just write the figures without any commas to work out the taxable income, e.g. 120000 but you must write dollars and cents with a dot to work out the net tax payable, e.g. 1200.35 Jane had the following income and expenditure INCOME Salary $25,000 Reimbursement of work-related based on cents-per-kilometres travelled $1900 Army Reserve income $2500 Dividend from ABC Pty Ltd $700. Franking credits attached to the dividend $300 EXPENDITURE Purchase of Army Reserve Uniform $300 A tax graduate friend who assisted in preparing tax return $250 Motor vehicle expenses reimbursed $2800 Complete the multiple blanks below to calculate Jane's taxable income and net tax payable including medicare levy. Just write the figures without any commas to work out the taxable income, e.g. 120000 but you must write dollars and cents with a dot to work out the net tax payable, e.g. 1200.35

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