Your client, Ms Teresa Green, would like assistance with her 2021-22 income tax return. At the interview, Teresa provides you with the following information:

Details                                   Amount ($)
Gross Salary                             85,000
Fully Franked dividends          3,600
Professional membership         800
Stationery (100% work related) 50
Telephone expense (total)         500
(50% was work related)

 

Calculate Teresa's net tax payable, including any offsets and Medicare Levy (Teresa did not hold private hospital cover) and assume no tax was deducted from her salary.

Answer rating: 100% (QA)

Calculate Total Income Gross Salary 85000 Fully Franked Dividends 3600 Total Income 85000 3600 8... View the full answer