Denise is a single 57-year-old resident taxpayer and derived taxable income of $77,000 during the 20/21 tax year consisting of:

	$
Net Business Income	52,000
Gross Wages (No PAYG withheld)	11,000
Net Capital Gain	23,000
Net Loss from Rental property	9,000
Taxable Income	77,000

Denise was also in receipt of reportable fringe benefits amounting to $5,000.

Denise has remitted PAYG instalments of $18,000 for the 20/21 tax year.

Denise does not have adequate private health insurance.

Required: Calculate Denises net tax payable/refundable for 2020/2021