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1 1 Ricky earns $ 8 4 3 6 5 as a cabaret artist and $ 4 6 2 0 from his share portfolio. He
Ricky earns $ as a cabaret artist and $ from his share portfolio. He has tax deductions of $ and, throughout the year, pays a total of $ in tax instalments. a Find his taxable income. b Calculate the Medicare levy Ricky needs to pay. c Find the income tax payable on his taxable income. d Find the tax refund or tax balance. payable.
Ricky earns $ as a cabaret artist and $ from his share portfolio. He has tax deductions of $ and, throughout the year, pays a total of $ in tax instalments.
a Find his taxable income.
b Calculate the Medicare levy Ricky needs to pay.
c Find the income tax payable on his taxable income.
d Find the tax refund or tax balance. payable.
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