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URGENT!!! Jamee is a resident tax payer. For the year ended 30 June 2020 he recived: - Gross salary of $82,000 from which PAYG of

URGENT!!! Jamee is a resident tax payer. For the year ended 30 June 2020 he recived:

- Gross salary of $82,000 from which PAYG of 20,100 had been withheld.

- Net interest of $745 afterTFN with holding tax of $715 had been withheld.

- In September 2019, Jamee received $1,100 as his share in winnings from a punters club with his work colleagues.

- In Jan 2020,he received a holiday valued at $3,400 from his employer for achieving the highest sale in the previous year.

- In June 2020, Jamees employer announced that he would be giving Jamee a pay rise effective from 1 April 2020. He is therefore to receive backpay of $2000 of which $1000 will be paid on 27 June 2020 and the remaining of $1000 will be paid on 4 july 2020.

-Dividend of $12,000 deposited to his bank account in May 2020 in respect of 70% franked Australian dividend. ( company tax rate 30%).

- Interest on term deposit with a Swedish bank of $3,600 (10% withholding tax had been deducted).

a. Advise Jamee how each payment would be treated, provide relevant section, case law and other supporting evidence.

b. Calculate Jamees assemble income for the current year ended 30 June, 2020.

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