Question
Question 1: Rafael, a single resident taxpayer aged 24, completed six months of employment in Turkey on an approved overseas aid project.He derived gross wages
Question 1:
Rafael, a single resident taxpayer aged 24, completed six months of employment in Turkey on an approved overseas aid project.He derived gross wages of AUD$35,000 from which AUD$5,000 of Turkish tax was withheld.
Rafael also derived a gross salary of $34,000 from his regular employment in Australia.PAYG tax of $5,400 was withheld.
Required:
For the year ended 30 June 2017, calculate the following:
a.Rafael's taxable income.
b.Rafael's net tax payable or refundable.
Question 2:
Mee Kong, a Malaysian citizen, has been in Australia for 10 months on a working holiday visa during the current income year. During that time, she has been employed as a medical research scientist and has lived in a rented apartment in Melbourne.
Required:
a.Determine whether Mee Kong is a resident of Australia for tax purposes.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started