15 MCQ questions formula sheet included all based on Australian taxation law Thank you

Appendix: Tax Rates and Tables for 2015/16 1. Income Tax Payable = (Assessable Income - Deduction) x Rate - Tax Offsets 2. Rates for 2015-16 for resident individuals: Taxable income Tax on this income 0 - $18,200 Nil $18,201 - $37,000 19c for each $1 over $18,200 $37,001 - $80,000 $3,572 plus 32.5c for each $1 over $37,000 $80,001 - $180,000 $17,547 plus 37c for each $1 over $80,000 $180,001 and over $54,547 plus 45c for each $1 over $180,000 3. Rates for 2015-16 for foreign resident individuals: Taxable income Tax on this income 0 - $80,000 32.5c for each $1 $80,001 - $180,000 $26,000 plus 37c for each $1 over $80,000 $180,001 and over $63,000 plus 45c for each $1 over $180,000 4. Medicare levy rate for 2015/16 is 2% 5. Medicare Levy thresholds for individual 2015/16: Note: Individuals with taxable income greater than the \"threshold amount\