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For the tax year 2017-18 Alice, an Australian resident, earned a gross salary of $85,000 and received a franked dividend of $30,000. PAYG tax was
For the tax year 2017-18 Alice, an Australian resident, earned a gross salary of $85,000 and received a franked dividend of $30,000. PAYG tax was paid on her behalf by her employer. She had allowable deductions of $2,000. Calculate her taxable income and tax payable including the Medicare levy.
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