Question: Lisa has sent through the following information. Can you pull this together with what you have examined already so we can have a tax estimate

Lisa has sent through the following information. Can you pull this together with what you have examined already so we can have a tax estimate ready to go.

  • Wages (Melbourne employment) - $125,000 net wages, PAYG withheld of $43,000 plus a bonus of $5,000 was paid.
  • Wages (Darwin employment) - $25,000 net wages, PAYG withheld of $1,500
  • Interest income $1,000
  • Allowable general deductions $3,300
  • Allowable specific deductions $1,000
  • Lisa is single with no private health insurance.
  • Lisa has no reportable fringe benefits or reportable superannuation contributions.


Calculate Lisa’s Basic Tax Payable

Calculate Lisa’s Medicare Levy

Calculate Lisa’s Medicare Levy Surcharge

Calculate Lisa’s Net Tax Payable

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