Dyson is a resident taxpayer aged 16. Dyson is currently engaged in full-time study at high school. During the 2018/19 tax year, Dyson received the following amounts:

• Gross Wages from part-time employment at McDonald $6,400
• Interest from term deposit given to Dyson by his parents 850
• Interest from bank account comprising savings from part-time wages 25
• Income distribution from deceased estate 3,700
• Income distribution from family trust 10,000
• Business income from mowing lawns from residents 2,840

Required:

1. Calculate Dysons accepted assessable income for the 2018/19 tax year.
2. At what rate is excepted assessable income taxed?
3. Calculate Dysons eligible assessable income for the 2018/19 tax year.
4. At what rate is eligible assessable income taxed?
5. Is the calculation of a minors Medicare Levy affected by their eligible and excepted income?
6. Is the calculation of a minors low-income tax offset affected by their eligible and excepted income?