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During the 2017/18 tax year, Selina Matterson (a single resident taxpayer, aged 41) has the following receipts: Net salary (after $18,000 PAYG tax withheld) $55,000

During the 2017/18 tax year, Selina Matterson (a single resident taxpayer, aged 41) has the following receipts:

Net salary (after $18,000 PAYG tax withheld) $55,000

Fully franked dividend from PPP Ltd $9,800 (with franking credit $4,200)

Unfranked dividend from QQQ Ltd $900

Net interest received $954 (after $846 no TFN tax withheld)

Selina had no deductions

She was covered by private hospital insurance

Required:

Calculate Selina'staxable incomefor the 2017/18 tax year.

Calculate Selina's nettax payable/refundable(including Medicare Levy) for the 2017/18 tax year.

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