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Calculate taxable income & tax payable for Ronnie Barker (aged 42) with the following investment and employment income for the year ended 30 June
Calculate taxable income & tax payable for Ronnie Barker (aged 42) with the following investment and employment income for the year ended 30 June 2019. Receipts Gross wage (PAYG tax instalments of $13,647) Franked amount-BHP LTD Unfranked amount-BHP LTD Franking credit - BHP LTD 40% [ Partly] franked divi(franking credit $ ?) --TLS Sale of private house Refund of tax return previous year (2015/16) Ronnie has no relevant payments, and no offsets apart from a low income offset. $68,000 700 400 300 100 780,000 345
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