Calculation of Income Tax Liability Brendan West is a New Zealand tax resident He works full time at Mitre 10 Mega He is also a musician and works part time at the local bar on Fridays and Saturdays. Brendan received the following gross amounts during the year ended 31 March 2019. Ref Source 1 2 3 4 5 Description Salary Bar income Interest Garage sale receipts Dividends Amount $ 58,000 15,000 200 1.000 000 400 980 750 350 14.000 Maitre 10 Mega Local bar ANZ Bank Various people Fletcher Building Ltd Various fans School Board of Trustees LOTTO New Zealand Mitre 10 Mega Kawi Bank Tos 8 T 8 Board fees Lotto-Powerball winnings Free Holiday voucher Loan 9 10 Supplementary Notes - the numbers in this section refer to the items in the table above. PAYE of $10,420 was deducted by Mitre 10 Mega. Brendan worked part time as a musician at the local bar (as an independent contractor) 3. Brendan provided his IRD number to ANZ Bank and RWT was deducted at 30%. Brendan had a garage sale to sell items that he did not need. 5. This dividend from Fletcher Building Ltd was fully imputed and an appropriate amount of RWT was deducted. 6. Brenden received cash tips from his part time work at the local bar. 7. Brendan is on the Board of Trustees of the local primary school. Withholding tax of $280 was deducted from this amount. 8! Brendan won various amounts playing Lotto during the year. To recognise 20 years of service, he received a $350 gift voucher from Mitre 5 9 db 10 Mega Brendan took a loen of $14,000 from Kiwibaok to renovate his house 10. Brendan made the following payments during the 2019 income year. Fees of $750 for preparing his income tax return; Loss of income protection insurance premiums 5880; Provisional tax $3,800 Costs of transporting musical instruments to local bar where he worked as a musician $2,800. Interest on loan $3 200. 21 Required: For the year ended 31 March 2019. calculate Brendan's income tax liability and the terminal tax to be paid or tax refund