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Hand in tutorial question You have 30 minutes to complete the question and hand in to your lecturer at the end of the time.

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Hand in tutorial question You have 30 minutes to complete the question and hand in to your lecturer at the end of the time. QUESTION 1: Abdul is a resident of Australia. He migrated with his family to Australia 20 years ago. He works as a financial planner for Credit Suisse Ltd in Melbourne. During the year ended 30 June 2024 he received the following: Gross Salary Rental income $186,000 $20,460 Interest income from Saudi Arabia $850 He also spent money on the following: Text books for work Travel to finance conference In Brisbane Rental expenses $216 $1,650 $1,375 He does not have private health insurance. His employer deducted PAYGW tax from his wages of $65,280. REQUIRED: Calculate his taxable income and his total tax payable for the year ended 30 June 2024. (10 marks

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