500
Brooke has an annual wage of $73 000, and she has to pay $11 000 of income tax and another 42c for every dollar over $70 000 as she fits in the tax bracket of $65 001- $75 000. What is her income tax?
Brooke also has a superannuation and other deductions which add up to $9000, what is the tax refund Brooke should receive if her new taxable income fits into the tax bracket of $55 001-$65 000, where she only has to pay
$10 500 and 30c for every dollar over $60 000?
She has to pay an income tax of $12 260
Tax Refund of $560