HI6028 Taxation Theory, Practice & Law Assignment Help

Get Expert's Help on Assessment Writing

QUESTION 2 - (15 MARKS)

Version a)
Calculate Total Assessable Income, Taxable Income, Tax Liability, Medicare Levy and Medicare Levy Surcharge, if applicable, for the tax payer (Judy) with information below:
Judy is a resident married, with no children, tax payer of Australia for the tax year 2019-2020
Her Taxable Salary earned is $100,000 while her husband’s taxable income for the same year is $150,000 (Including tax withheld) both having no private health insurance.
Judy has a student loan outstanding for her previous studies at University Technology Sydney of $80,000.
Judy’s and her husband’s employers pay superannuation guarantee charge of 9.5% on top of their salary to their nominated funds.
Judy earned a passive income of $20,000 from the investments in shares in the same tax year.

Expert's Answer

Need Urgent Academic Assistance?

Get Professional Help at Low Prices!

*
*
*


*

Plagiarism Checker

Submit your documents and get Plagiarism report
Check Plagiarism

Chat with our Experts

Want to contact us directly? No Problem. We are always here for you

TOP
×
Order Notification

Limited Time Offer! - 20% OFF on all Services Get Expert Assistance Today!

X