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Jacqueline is an Australian resident for income tax purposes. She has taxable income of $80,000. She has been provided with a receipt for an expense
Jacqueline is an Australian resident for income tax purposes. She has taxable income of $80,000. She has been provided with a receipt for an expense in the amount of $1,000. This expense will constitute a deduction. How much tax will Jacqueline save for the 2015-16 income year? Jacqueline has a HELP debt of $25,000. How much of the HELP debt would she be required to repay for the 2015-16 income year?
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