Mr Weasley is an adult Australian resident individual who works at a jewellery shop. During the 2023-24 financial year, he is paid an annual salary of 96,000, with $15,000 deducted in PAYG withholding tax deductions. Midway through the year, after reaching his sales target, Mr Weasley was also awarded a $36,000 bonus. However, 10 months into the financial year, a robbery occurs at the shop that leaves Mr Weasley injured, unable to work. Mr Weasley receives $16,000 of insurance proceeds for loss of income for the period in which he is unable to work due to injury. Over the course of the year, Mr Weasley also incurs $3,000 of allowable deductions, and he is entitled to a yearly $600 tax offset. He has private hospital cover