QUESTION $8\mathrm{.}7($Sportsperson with professional and other income$)$

Shaun Mender is a resident taxpayer engaged as a professional basketball

player for the South$-$Eastern Frill Necks. He is covered by adequate private

health insurance.

During the $2021/22$ tax year, Shaun had the following transactions:

Shaun commenced the year on a contract for an annual salary of

$$120,000.$

On $31$ December $2021,$ the coach of the team was sacked following $15$

successive losses. Shaun was offered, and accepted, an additional

$$50,000$ to coach the team for the remainder of the season as well as

continue playing.

Shaun's $2022$ Income Statement disclosed the following:

Gross Salary $$170,000$

PAYG tax withheld $$65,800$

Shaun incurred the following deductions during the year:

Deductions for equipment costs incurred as a player $-$$$6,000.$

Deductions for seminars, travel and home study incurred as a coach $-$

$$11,000.$

Shaun's average taxable professional income from previous years is

$$80,000.$

Calculate Shaun's taxable professional income for the $2021/22$ tax year.

Calculate Shaun's other taxable income for the $2021/22$ tax year.

Calculate Shaun's net tax payable or refundable for the $2021/22$ tax year.