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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?
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