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How much is the tax on notional gross taxable income

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Reference no: EM132956116

Problem 1: Rachelle, a single resident taxpayer aged 30, completed 8 months of employment in Italy on an approved overseas aid project. She derived gross wages of A$50,000 from which A$8,000 of Italian tax was withheld. Rachelle also derived a gross salary of $40,000 from her regular employment in Australia. PAYG tax of $5,000 was withheld. How much is the tax on Notional Gross Taxable Income, ignoring tax offsets, Medicare Levy and Medicare Levy Surcharge.

Select one:

a. $15,932
b. $20,932
c. $23,045
d. $1,800

Reference no: EM132956116

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