What would be a calculation of Ben's taxable income and tax obligation for the year ended 30 June 2022.

Ben Benson is an Australian resident who is a property investor and has earned gross salary of $67,500 during the 2021-2022 financial year from his employment. His PAYG tax withheld was $12,000 and his world-related deductions amounted to $2,600.

He owns an apartment at Bunbury, and a house at Busselton which have been leased to tenants for several years. He also owns land in Augusta.

Ben received the following amounts in respect of the Bunbury and Busselton properties:

Receipts	$
Rent Income (net of agent's commission $5,200)	64,250
Rent received from the rental bond board, which represented unpaid rent from April 2021	1,640
Water usage component of water rates paid recouped from tenant	1,040
Settlement from a tenant that was held to have breached the terms of the lease. The settlement included $10,400 which was in respect of a garage that had to be completely rebuilt. The balance was unpaid rent.	13,400
Payments
Water and Council Rates	3,200
Cleaning of properties after tenants vacated	740
Landscaping at Busselton property	5,000
Building insurance	380
Repairs and Maintenance	4,400
Decline in Value Fixtures and Fitting	1,200
Painting of Bunbury property. Ben has owned and leased this property to tenants for many years.	1,800
Travel to inspect properties (2,780 kms travelled)	?
Strata levy	2,400
Penalty from council for waste removal breach	400
Bank Charges	140

In addition, Ben sold the land at Augusta in September 2021 for $420,000. He had purchased the land in April 2020 for $140,000 with the intention of building a house. During the period of ownership Ben incurred the following costs which he had never claimed as deductions:

Legal costs and stamp duty on purchase	$7,200
Lawn mowing and Maintenance	$2,350
Council rates	$1,500
Agent's commission on sale	$4.400	$5,450