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Question 7b Phillipas income for 2023 tax year included the following. Phillipa paid 2023 provisional tax of $27,450. Task Calculate to the nearest cent Phillipas

Question 7b

Phillipas income for 2023 tax year included the following.

Phillipa paid 2023 provisional tax of $27,450.

Task

Calculate to the nearest cent Phillipas taxable income, residual income tax and terminal tax for 2023. Show all your workings.

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