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This question requires an essay style answer During the year ended 30 June 2022 Catherine, a resident taxpayer, received salary and wages income of $30,000
This question requires an essay style answer During the year ended 30 June 2022 Catherine, a resident taxpayer, received salary and wages income of $30,000 and a franked dividend of $9,900 with $3,100 of atlached franking credits. She also had PAYG instalments of $4,200 withheld from her salary and wages income. She has no dependents. She has work related allowable deductions of $2,500. Required: Explain and calculate what will her net tax to pay or refund be (ignore Medicare levy) when her assessment issues? All calculations must be shown and relevant legislation
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