Hermun has come to you with the rest of his tax information in order to lodge his 2021 tax return

Received		$
	Gross salary from A+ Homes which included a commission from house sales of $15,000 (tax deducted of $18,000).	90,000
	At Hermuns instruction $120 per fortnight is paid to his health fund for required private hospital insurance and the balance paid into a joint account held with his partner.
	Entertainment allowance from his employer (spent in full having dinner with other stylist when attending 3 monthly networking events in Sydney and Melbourne).	1,000
	Rent from tenanted property, $500 per week. Property is in Hermuns name only.	7,000
	Interest on investments held jointly with partner.	1,000
	Cash dividend from public company, ($1,114 imputation credit). The shares are jointly owned.	2,600
	During the year a work of art was sold for $8,000 which had originally been purchased for $9,000; and a rare antique for $5,000 that had originally been purchased for $50. Both were sold as part of a redecoration project in Hermuns home. In addition a jet-ski was sold for $6,000 which had been originally purchased for $10,000 as COVID restrictions had impacted on Hermuns enjoyment.	19,000
Spent
	Tenanted property
	Repairs:
	15-19 February painted property inside and outside.	4,700
	1 November plumber replace pipe connection to sewerage.	1,400
	1 December electrician replaced faulty wiring.	400
	Interest on mortgage.	5,500
	Insurance on property.	850
	Rates for property.	1,200
	Other expenses.
	Subscription to Home Styling journal.	850
	Attended networking events and was absent for 8 days, registration, meals and accommodation for 4 days valued at $2500 was paid by his employer but Hermun paid the accommodation fee $600 and for meals (excluding the dinner for which he used his entertainment allowance) of $100 which were not paid by his employer. He opted to stay the night before and at the end of the event as the events started at 9.00 am and finished at 6.00pm. Hermun travelled by car which totalled 3,600 km for the four events.	2,800

The following additional information has been provided:

• The tenanted property was listed for sale on 20 February and sold on 31 March 2021. It had been acquired on 1 July 2007 at a cost of $200,000. The property was tenanted from 1 August 2007. Proceeds of the sale were $724,200 and costs of sale were $14,200. From the proceeds of the sale Hermun has placed a deposit on two units at the coast with the sale expected to be completed on 15 August 2021.
• In addition to his salary Hermuns negotiated for his employer to provide a vehicle. The vehicle which cost $38,000 was available for use every day over the year and travelled 18,000 km of which 10,000 km was for business including to the conference. Operating costs including fuel were $14,400.
• Hermun received a gift from a new home owner of a wine and cheese basket valued at $250 and they also invited him and his family to their first BBQ at the home.
• Hermun and A+ Homes received an award from Building for Environmental Living for the layout and styling of one of the newest home designs. The prize consisted of Trophy for A+ Homes and an engraved vase for Bernie plus a two day, all expenses paid trip to Canberra valued at $1,500 plus the two tickets to the gala dinner to accept the prize valued at $500.
• As a consequence of winning the award A+ Homes gave Hermun a one week holiday to New Zealand for him and the family valued at $5,000 which they were able to take during the year when a travel bubble to New Zealand was created allowing international travel.

• For the makeover of the office area at the local animal shelter he received a voucher for free vet services for his new kitten for a year, estimated to be worth $500.

• Hermun is an Australian resident, married with two children.

Find: Calculate the net income tax payable/refundable for Hermun for the year ended 30 June 2021