What is his net tax payable

What is his net tax payable - refundable

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Reference no: EM133919836

Problem

Peter a single taxpayer aged 29, derived gross wages of $72,340 during the period up to 31 October when he ceased residency. PAYG tax of $15,430 was withheld and he had no other income, deductions or private health insurance. He also had reportable fringe benefits of $3,290. Based on the 2021/22 tax year and including applying a LAMITO of up to $1,500. Get the instant assignment help. What is his net tax payable / refundable?

Reference no: EM133919836

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What is his net tax payable - refundable : Peter a single taxpayer aged 29, derived gross wages of $72,340 during the period up to 31 October when he ceased. What is his net tax payable / refundable?

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