Calculate the tax payable / refundable as at 30 June 2020 for an individual with the following attributes:
? 55 years old.
? $7,000 fully franked dividend income with $3,000 of franking credits.
? Australian resident for the entire year.
? No spouse.
? Earned $15,000 from working, with $1,000 withheld. Therefore $14,000 was paid into his bank account.
? Received a trust distribution from a family trust of $1,000.
? No deductions to claim or other items of significance.
Please calculations as at 30 June 2020 using the included tax rates, including the mentioned tax offset(s).
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