Mr. Allen is a 65-year-old Jamaican tax resident. He is the director of a hotel, Allen's Rest Well Resort. He has requested that your firm assist with the preparation of his 2021 income tax computation. He provided you with the following information:

a) Gross salary $7,000,000 per year.

b) As a retired teacher, he receives a monthly pension of $75,000 from the Accountant General. PAYE of $225,000 was deducted.

C) He sold shares held in NCB for $200,000. Making a gain of $35,000.

d) As part of his compensation, he receives a meal allowance of $6,000 per week.

e) The company also pays his son school fees for $70,000 per term. (Assume three terms)

f) Income from the rental of his personal investment property was $1,500,000. Expenses was $650,000. Capital allowance for this property was $180,000.

g) He receives dividend of income of 127,500 (net) form investment held at JMMB. $22,500 withheld at source.

h) During the year he paid quarterly estimated tax totaling $80,000

Using the current tax rates in Jamaica. Calculate Mr. Joseph's tax payable/refundable.