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Minita is a Registered Nurse working in a hospital and also has some business activities. She needs to file her income tax for the year
Minita is a Registered Nurse working in a hospital and also has some business activities. She needs to file her income tax for the year 2023/24. Below are the details she provided: Minita is a single mom and a resident taxpayer of Australia. She has one dependent child who is 9 years old. HI6028 Taxation Theory, Practice and Law Individual Assignment T1.2024 3 (10 Marks) Her taxable salary for the year is $104,000, which includes tax already withheld. She doesn't have private health insurance. She incurred the following expenses: - $300 for her nursing uniform - $550 for protective clothing for COVID-19 - $950 for her Nursing Membership - $300 for Nursing License renewal - $3,700 for capacity development in her nursing career - $1,200 for her party clothes - Minita has a student loan outstanding from her previous studies at Sunshine Coast University, amounting to $49,000. Her employer contributes a superannuation guarantee charge of 12% on top of her salary to her nominated fund. Minita has passive income of $9,000 from investments in shares during the tax year. Calculate Minita's Total Assessable Income, Taxable Income, Total Tax Liability (including Medicare Levy and Medicare Levy
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