You client, Rob, has the following income and deductions for thefinancial year ended 30 June 2017: s

You client, Rob, has the following income and deductions for thefinancial year ended 30 June 2017: salary, $32,000; bank interestreceived, $150; and allowable deductions for special work clothing,$450. Rob’s employer has deducted $2600 as PAYG tax from his salaryduring the year.

Calculate Rob’s income tax payable or refundable. Grid: Calculation of Rob’s taxable income by applying the statutoryformula under s 4-15 ITAA 1997 (2 Marks) – Calculation of Rob’s tax liability per the ITRA 1986 (2Marks) – Calculation of the Medicare levy (2 Marks) – Consideration to Rob’s entitlement to any tax offsets and/ortax credits (1 Marks) – Calculation of income tax payable or refundable by applyingthe method in s 4-10 ITAA 1997 (3 Marks) . . .

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