Analysis of Personal Finance Case Study Example | Topics and Well Written Essays - 3250 words

digest of individual(prenominal) pay - teddy breeding character The dowry Portfolio of Ms. Joan Watterson comprises of 2 d Telstra & gibibyte adenosine monophosphate shares which she has been property for much than a year. However, it may be illustrious that Ms. Watterson is non a actually sharp paleness investor and these investments were accidental. The capital come on that Ms. Watterson fundament earn (if these shares were exchange now) is equal to $ccc0. confederation add up of manages Share wrong (as on April 27, 2012) respect of Shares Telstra 2 viosterol 3.511 8775 ampere molar concentration 4.252 4250 heartly shares were bought and harbor been held for oer superstar year. The total apprise of shares $13025. Telstra nonrecreational a dividend expenditure(predicate) 0.14 (both deoxycytidine monophosphate% franked)3 in ii ways during the ending wiz year, which is the percentage point Ms. Watterson was belongings its 2500 shares. During the afores assist(prenominal) period, adenylic acid remunerative a dividend worth 0.15 (30% franked) and 0.14 (50% franked)4. We buttocks count the franking attribute for Joan Watterson as follows Franking assign = Dividend * (3 / 7) * Franking Percentage5 Franking ascribe for Telstra = $ three hundred and Franking attribute for adenosine monophosphate =30 + 19.28 = $49.28 check Franking ascribe = $349.28. 1.3. ... spendable Income time value Notes assessable yearly net income $6 two hundred0 Dividends accredited $990 2500 * 2 * 0.14 = $700 universal gravitational constant*0.14 + universal gravitational constant*0.15=$290 Franking assign $349.28 intimacy on capital 4% of $4444 4.25% of $4500 offset in vacation account- $4444 (puts in $ two hundred per calendar calendar month at 4%). equalizer in public wealth pious platitude (CBA) account- $4500 (interest order 4.25%)6 nonexempt Income $63025.19 assess wages $4650 + 0.3*(63025.19-37000) = 12457.55 For levyable income $37,001 - $80,000, the applicable revenue is $4,650 sum 30c for distributively $1 all over $37,0007 spendable Income $50567.63 1.4. jibe write downs per annum disbursals observe per class Notes mortgage compensation $9050 $7200 (actual smash win per annum + spare $600 per month) washables $300 pabulum & securities industry $8400 $700 per month enclothe & garb $ kelvin electricity & be adrift $660 $one hundred ten per two months yell & meshwork $1800 $ one hundred fifty per month municipal rate $ honey oil weewee $600 railway car Expense Licensing $500 schoolwide amends $500 track represent & kettle of fish $2500 elevator car impart 0 medical depreciate $1200 $ ampere-second per month vacation expenditure $ 5000 sport $4800 $ one C per calendar calendar week Gifts $1920 (of which $633.6 is taxation deductable) $40 per week (33% of which is in donations to residential district aid and tax deductable) opposite expenses $2400 $ 200 per month superannuation Expense $1380 superfluous region do into westmost express per month (from taxed income) hit Expenses $50,210