You client, Rob, has the following income and deductions for the financial year ended 30 June 2017: salary, $32,000; bank interest received, $150; and allowable deductions for special work clothing, $450. Robs employer has deducted $2600 as PAYG tax from his salary during the year. Calculate Robs income tax payable or refundable.

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Calculation of Robs taxable income by applying the statutory formula under s 4-15 ITAA 1997 (2 Marks)

- Calculation of Robs tax liability per the ITRA 1986 (2 Marks)

- Calculation of the Medicare levy (2 Marks)

- Consideration to Robs entitlement to any tax offsets and/or tax credits (1 Marks)

- Calculation of income tax payable or refundable by applying the method in s 4-10 ITAA 1997 (3 Marks)