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In the current income year, an Australian resident individual receives assessable income of $70,000 from sources in Australia and $4,500 interest from the UK (net

In the current income year, an Australian resident individual receives assessable income of $70,000 from sources in Australia and $4,500 interest from the UK (net of 10% UK withholding tax), and has deductions of $2,000. This individual's total tax liability (including Medicare and tax offsets) in Australia, at the end of the current income year, is:

Select one:

a.$15,572

b.$14,772

c.$15,152

d.$15,932

Deegan. (2016).Financial Accounting. McGraw-Hill Education, Australia

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