Question 62 William, a resident, has taxable income for 2020/21 of $60,000. The PAYG amounts withheld by his employer totalled $11,500 for the year. What is William's net tax liability after considering all offsets, levies and credits? An amount not shown here $9,987 payable $11,167 payable $1,513 refund $333 refund $8,787 payable $433 refund $1,413 refund $1,533 refund