Taxation qs

Jay has sent through the following information. Can you pull this together with what you have examined already so we can have a tax estimate ready to go.

• Wages (Melbourne employment) - $125,000 net wages, PAYG withheld of $43,000 plus a bonus of $5,000 was paid.
• Wages (Darwin employment) - $25,000 net wages, PAYG withheld of $1,500
• Interest income $1,000
• Allowable general deductions $3,300
• Allowable specific deductions $1,000
• Jay is single with no private health insurance.
• Jay has no reportable fringe benefits or reportable superannuation contributions.

Q1 : Calculate Jays Medicare Levy. Show all workings

Q2: Calculate Medicare Levy Surcharge. Show all workings

Q3: Calculate Net Tax Payable. Show all workings