Income tax payable
Use the following constructed practice table for this question. It is not an Australian tax scale
The income record gives gross income of $10,318 and allowed deductions of $954
| Tax row | Taxable-income range | Fixed amount | Marginal rate |
|---|---|---|---|
| Row 1 | $0 to less than $14,000 | $0 | 9 cents per $1 |
| Row 2 | $14,000 to less than $32,000 | $1,260 | 18 cents per $1 |
| Row 3 | $32,000 to less than $58,000 | $4,500 | 26 cents per $1 |
| Row 4 | $58,000 or more | $11,260 | 33 cents per $1 |