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Calculate the tax payable including Medicare levy and surcharge (if applicable) of Lisa who is single (age 35). Lisa has $26,000 salary and she has
Calculate the tax payable including Medicare levy and surcharge (if applicable) of Lisa
who is single (age 35). Lisa has $26,000 salary and she has $4,000 capital gains made
on the disposal of a parcel of shares she purchase 2 years ago. She also made a
donation to the Red Cross of $100. She is not eligible for the pensioner offset and
she has private health insurance. Using the tax tables provided where appropriate,
Lisas tax payable including Medicare Levies and tax offset is
a. $0
b. $585
c. $3875
d. $55
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