Assignment Task Two
Mr Edw Dwyer is a 39 year old individual resident of Australia (Perth) for taxation purposes. He was employed as a High School Math Teacher for the full 2024 financial year. Edw is single with no dependants and did not have any private hospital cover. The following information relates to the year ended 30 June 2024:
Required
Calculate the taxpayer’s minimum taxable income and net tax payable/refundable for the year ended 30 June 2024. Show all workings. Referencing to the Income Tax Assessment acts is not required.
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