Jane, a resident taxpayer, has a taxable income of $19,500 for the income tax year ended 30 June 2019, with PAY instalments of $18,500 deducted by her employer. She has no dependents. Her net tax to pay or refund will be (ignore Medicare Levy):

Taxable Income

Basic Income Tax Liability (BITL)

Low Income Tax Offset

Low and Middle Income Tax Offset (LAMITO)

Franking Tax Offset

PAYG (W)

Net Tax Payable / Refundable