From Samantha's fortnightly gross pay, $440 is taken out in PAYG (including Medicare).
Determine under each tax system whether or not Samantha will receive a refund or not; Calculate the amount of refund or alternatively the amount of money Samantha is required to pay to the tax office.
Information:
TAX SYSTEM 1
Pay Per Anum = $72,000
Medicare = 3.5% of taxable income
TAX SYSTEM 2
Pay Per Anum = $72,000
Medicare = 1.5% of taxable income
??????
