Question 1:

Jane, a non-resident taxpayer, has a taxable income of $90,700 for the income tax year ended 30 June 2018, with PAY instalments of $19,500 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