Gabriel is a sole trader. For the 2021/22 income year, Gabriel's taxable income is $120,000, his basic

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Gabriel is a sole trader. For the 2021/22 income year, Gabriel's taxable income is $120,000, his basic income tax liability is $30,000, and his total net small business income is $60,000.

Calculate the small business tax offset. choose correct option

A $1,000

B $1,400

C $2,000

D $2,400

Related Book For answer-question

Introduction To Statistical Investigations

ISBN: 9781118172148

1st Edition

Authors: Beth L.Chance, George W.Cobb, Allan J.Rossman Nathan Tintle, Todd Swanson Soma Roy

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Posted Date: Jan 29, 2024 09:12 AM

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Gabriel is a sole trader. For the 2021/22 income year, Gabriel's taxable income is $120,000, his basic

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Introduction To Statistical Investigations

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