2007 Basic Course Chapter
13 Question 2
Front page
Item
number |
Amount |
Code |
Notes
and calculations |
Income |
|
|
|
1 |
10897 48396 |
|
|
14 |
1916 |
L |
|
15 |
1916 |
|
|
Total tax withheld |
10897 |
|
|
Assessable income |
48396 |
|
|
Deductions |
|
|
|
D3 |
92 |
P |
80+12 |
D5 |
80 |
|
30+50 |
D10 |
158 |
|
|
Total deductions |
330 |
|
Not eligible for super deduction: 10% rule. |
Taxable income |
48066 |
|
Assessable income MINUS Total deductions |
Tax
offsets |
|
|
|
|
|
|
|
Total tax offsets |
|
|
|
Other |
|
|
|
Private
health insurance |
MBP
2888399 |
H |
|
M2 |
Y 365
days |
|
|
Spouse details |
|
|
|
Taxpayer's name James Albert FISHBURN |
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|
|||
Taxable income 48066 Threshold 6000 |
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||||
Basic
tax payable
|
|
|
Notes
and calculations |
|
|
Tax
offsets
|
|
|
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MINUS total |
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|
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|
Subtotal |
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Must not be less than zero |
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|
Levies
etc
|
|
|
|
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|
Medicare levy |
|
|
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||
Medicare surcharge |
|
|
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||
HELP |
|
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||
SFSS |
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|
PLUS
total |
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|
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|
Tax
credits
|
|
|
|
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|
TIDs (PAYG
withholding) |
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|
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||
Franking credits |
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||
TFN tax |
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Foreign tax credit |
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||
PAYG instalment credit |
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||
Private health ins offset |
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||
Baby bonus |
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||
Other |
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|
MINUS
total |
|
|
|
|
balance
payable or
refund due |
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|
REFUND |
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|