Question
Jackie is an Australian resident individual who is single. The following information relates to the year ended 30 June 2021. His assessable income was $65,000.
Jackie is an Australian resident individual who is single. The following information relates to the year ended 30 June 2021.
His assessable income was $65,000.
He has allowable deductions of $2,000.
He does not have private health (hospital) insurance.
He has a HECS-HELP debt of $3,000.
What is his total liability to the ATO for the income year ended 30 June 2021? (Answers are rounded to the nearest dollar)
a.
$15,117
b.
$14,037
c.
$14,092
d.
$12,147
The correct answer is: $14,037
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Financial And Managerial Accounting 15th Edition Text Only
Authors: Jan Williams
15th Edition
B005FCGT4O
