Lola commenced Australian residency for tax purposes on 10 December 2022. She earned $57,000 in taxable income for the year in Australia and had PAYG tax of $11,000 deducted by her employer. What would Lola's tax-free threshold be for the year ended 30 June 2023 (to the nearest dollar)?

Answer rating: 100% (QA)

For the year ended 30 June 2023 Lolas taxfree threshold would be prorated bas... View the full answer