You are currently working as a graduate accountant and are provided with the following information from a client. The client, Kim, has the following income and expenses for the financial year ended 30 June 2022. Kim is employed as a real estate agent for a large Real Estate firm. Kim also operates a Yoga class every Saturday (Kim hires a small room for her class from a Health & Retreat Spa).

Kim has no children and does not have private health insurance.

Required:

Assume Kim is a resident for Australian taxation purposes, calculate her tax liability including any tax offsets and levies.

Income Expenses Income Expenses