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Shane is an Australian resident for tax purposes. During the year he derived gross business income of $ 1 5 2 , 2 0 0
Shane is an Australian resident for tax purposes. During the year he derived gross business income of $ and had business deductions of $ including PAYG Instalment of $ $ gross interest from an overseas bank account and tax withheld of $ and gross rent of $ from a property in UK which he owns, net of $ tax. Shan has also received a Covid lock down grant of $ on October Shane received a fully franked dividend of $ He has adequate private health insurance. For the year ended June calculate Shanes net tax payable or refundable?
Shane is an Australian resident for tax purposes. During the year he derived gross business income of $ and had business deductions of $ including PAYG Instalment of $ $ gross interest from an overseas bank account and tax withheld of $ and gross rent of $ from a property in UK which he owns, net of $ tax. Shan has also received a Covid lock down grant of $ on October Shane received a fully franked dividend of $ He has adequate private health insurance.
For the year ended June calculate Shanes net tax payable or refundable?
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