Your client Bunji is single, owns his own home and is retired on a full age pension.
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Question:
Your client Bunji is single, owns his own home and is retired on a full age pension. However, this tax year he will earn $14,000 as he did some work part-time. He wants to salary sacrifice up to $9100 of this $14,000.
Questions:
- Is Bunji eligible to salary sacrifice while also retired on full age pension?
- Will he incur a tax bill? Why?
- How much tax will Bunji pay?
Related Book For
Management Accounting
ISBN: 9780730369387
4th Edition
Authors: Leslie G. Eldenburg, Albie Brooks, Judy Oliver, Gillian Vesty, Rodney Dormer, Vijaya Murthy, Nick Pawsey
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