{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T03:09:15-04:00", "answer_date": "2024-06-28 03:09:15", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4228339", "url": "\/study-help\/questions\/in-the-current-income-year-an-australian-resident-individual-receives-4228339", "question_creation_date_js": "2024-06-28T03:09:15-04:00", "question_creation_date": "Jun 28, 2024 03:09 AM", "meta_title": "[Solved] In the current income year, an Australian | SolutionInn", "meta_description": "Answer of - In the current income year, an Australian resident individual receives assessable income of $70,000 from sources in Au | SolutionInn", "meta_keywords": "current,income,year,australian,resident,individual,receives,assessable,$70,000,sources,australia,$4,500", "question_title_h1": "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", "question_title": "In the current income year, an Australian resident individual receives assessable income", "question_title_for_js_snippet": "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 in Australia, at the end of the current income year, is a) $16,232 b) $16,732 c) $15,272 d) $14,772 (explain how to het the answer) Deegan (2016) Financial Accounting McGraw Hill Education, Australia", "question_description": "

In the current income year, an Australian resident individual receives assessable income<\/p>

of $70,000 from sources in Australia and $4,500 interest from the UK (net of 10% UK<\/p>

withholding tax), and has deductions of $2,000. This individual's total tax liability in<\/p>

Australia, at the end of the current income year, is:<\/p>

a) $16,232<\/p>

b) $16,732<\/p>

c) $15,272<\/p>

d) $14,772<\/p>

(explain how to het the answer)<\/p>

Deegan. (2016).Financial Accounting<\/em>. McGraw-Hill Education, Australia<\/p>", "transcribed_text": "", "related_book": { "title": "South-Western Federal Taxation 2020 Comprehensive", "isbn": "357109147, 978-0357109144", "edition": "43rd Edition", "authors": "David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1962.jpg", "uri": "\/textbooks\/south-western-federal-taxation-2020-comprehensive-43rd-edition-9780357109144", "see_more_uri": "" }, "free_related_book": { "isbn": "B0CPCK2W9F", "uri": "\/textbooks\/tokenization-of-real-estate-1st-edition-b0cpck2w9f-251956", "name": "Tokenization Of Real Estate", "edition": "1st Edition" }, "question_posted": "2024-06-28 03:09:15", "see_more_questions_link": "\/study-help\/questions\/business-general-management-2023-February-20", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/explain-why-under-accrual-accounting-revenue-isnt-always-recognized-when", "description": "Explain why, under accrual accounting, revenue isn't always recognized when cash is received.", "stars": 3 }, { "url": "\/study-help\/psychology\/2-establish-eyelevel-position-1984326", "description": "2. Establish eye-level position.", "stars": 3 }, { "url": "\/midstates-metal-finishers-produces-steel-tubing-at-its-akron-plant", "description": "Mid-States Metal Finishers produces steel tubing at its Akron plant. The plants quality assurance officer prepares a monthly report and sends it to headquarters. The data compiled in these reports...", "stars": 3 }, { "url": "\/study-help\/questions\/taussig-technologies-corporation-ttc-has-been-growing-at-a-rate-9835768", "description": "Taussig Technologies Corporation (TTC) has been growing at a rate of 17% per year in recent years. This same growth rate is expected to last for another 2 years, then decline to gn = 6%. a. If Do =...", "stars": 3 }, { "url": "\/study-help\/questions\/a-period-of-time-during-the-learning-process-in-which-4816553", "description": "A period of time during the learning process in which no overt changes in performance occur is called which of the following? ( A ) Learning cessation ( B ) Termination ( C ) Performance plateau ( D...", "stars": 3 }, { "url": "\/study-help\/questions\/beats-versus-skullcandy-headphones-background-for-this-roleplay-students-will-1007089", "description": "Beats versus Skullcandy Headphones Background For this role-play, students will assume one of three roles: (1) sales representative for Beats headphones; (2) sales representative for Skullcandy...", "stars": 3 }, { "url": "\/study-help\/questions\/state-e-company-acquisitions-during-2-0-2-2-and-1002587", "description": "State E& Company acquisitions during 2 0 2 2 and the aggregated goodwill resulted from these acquisitions. How does each acquisition affect goodwill?", "stars": 3 }, { "url": "\/study-help\/questions\/the-strength-of-a-steel-beam-with-i-crosssection-is-1024241", "description": "The strength of a steel beam with I cross-section is increased by attaching a plate to its upper flange. Determine the moment of inertia and radius of gyration with respect to an axis which is...", "stars": 3 }, { "url": "\/study-help\/questions\/5-15-pts-how-close-does-the-line-2x-1000859", "description": "5) (15 pts) How close does the line 2x - 5y = 4 come to the point (1,5)? (show all of your work):", "stars": 3 }, { "url": "\/study-help\/questions\/you-developed-an-app-named-help-me-which-is-used-1007805", "description": "You developed an app named \"Help Me\" which is used to help any kind of people in need of any kind of work such as gardening, aged care, mechanical service, tutor, etc. If anybody needs instant help...", "stars": 3 } ], "next_back_navigation": { "previous": "\/study-help\/questions\/which-of-the-following-is-true-when-the-issue-date-4228338", "next": "\/study-help\/questions\/all-organizations-must-abide-by-various-accounting-principles-for-example-4228340" }, "breadcrumbs": [ { "name": "Study help", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers" }, { "name": "Business", "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business" }, { "name": "Accounting", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting" }, { "name": "In the current income year, an Australian resident individual receives assessable income", "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/in-the-current-income-year-an-australian-resident-individual-receives-4228339" } ], "skill_details": { "skill_id": "9", "skill_name": "Accounting", "parent_id": "1" } } }