QUESRION 1 Johnny Sack has assessable income of $80,000 in the 2020/21 financial year. He...

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Accounting

QUESRION 1

Johnny Sack has assessable income of $80,000 in the 2020/21 financial year. He has $4,000 worth of deductions he can claim. By how much will the $4,000 worth of deductions reduce Johnnys nominal tax payable?

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