Using your numbers
Last year RWT is 5% of Gross so .1400 less RWT .0089 you got .1310 in the bank to pay groceries
This you get .1400 less RWT .0093 you will get .1307 in the bank for the groceries …less in my book for groceries costing heaps more
You never see imputation credits and RWT in the bank when divie paid …..even though it help you get a tax refund or reduce the tax bill
No doubt Snoopy will correct both of us.
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