INDIVIDUALS Bob Brown is single and aged 67 years. During 2020/21 his income...

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Accounting

INDIVIDUALS

Bob Brown is single and aged 67 years. During 2020/21 his income comprised:

	$
Social security pension	9,290
Bank interest	120
Dividends from Australian public companies:
Unfranked:	343
franked	52

Bob did not notify his bank of his TFN, so the TFN tax of $58 was withheld by the bank. His bank statement also shows $27 in bank charges. He did not purchase or dispose of any shares during the 2020/21 tax year

Required:

Based on the above information, calculate Bobs tax liability for the 2019/20 income tax year.

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