Analyzing Global Products through the example of the H & M and Zara Essay

Investigating Global Products through the case of the H and M and Zara industry - Essay Example This is done to maintain a strategic distance from delays and over reliance on a specific nation and less creation inside the framework. The firm works with mediators to offer the best to its shoppers. The association additionally considers the purchasers utilizing the item, and afterward it considers the go betweens who are the retailers and wholesalers that offer the items to buyers, and get input from the customers. H&M level of item adjustment bundling, valuing, advancement and methods of circulation Using the brokers, the firm purchases the correct things from the providers and the correct market. H and M has an imaginative involvement with plan and markets that thinks about design and material. The organization targets working with the prudent personalities of its purchasers. Dissemination is the way toward getting the associations items to the buyers, and a channel of advertising that conveys the items around the market. The firm has a well conveyance channel, and that it relies upon the IT framework to empower it work effectively in that it makes use web procedures to enhance its creation and advancement of articles of clothing. Finally, the firm has a collaborate culture that works in amicability to ensure proficient deals of its items (Saminather, 2007). The firm conveys its items through direct deals that incorporate those made to the excellence advisors, magnificence paleness, general stores, and shops around. Direct offering to the purchasers permits the association to be accountable for its costs, get reactions from the customers, and assume responsibility in the introduction of the items to the shoppers. These immediate deals make them offer their items to various customers from various foundation. At the point when the association offers to retailers, they sell item legitimately to the retailers and the... The H and M industry is a Swedish industry that re-appropriates the non center activities. The firm, an attire industry, doesn't claim any industrial facility. The business purchases its items from a chain of providers that flexibly them with fabrics. The Zara Company is the conflicting of H and M Company that likewise manages materials, and it is the principal developing industry in Spain. The firm is claimed by Spanish Inditex gathering. Zara has built up a special plan of action and it has vertically blended the retailers; controls each progression of the worth chain, and it for the most part re-appropriates articles of clothing with a more drawn out rack/design life. H&M plan of action centers around re-appropriating and Zara Company utilizes in-house model to build its creation. The business level involves the administration chiefs, board of executives, and business staff. The administration work is to group the appointment and objectives of the business, build up what jobs the organization must be responsible for allot of advantages for the distinctive undertaking regions of the organization, and devise and execute systems that reach out over the organizations. The business level involves the pioneers of the particularized business. Organization leaders’ obligation is to clarify wide articulations of aim at the business level into substantial methodologies for particularized organizations. The two organizations utilized the business level to actualize their systems that prompted their prosperity. The down to earth level comprises of the business chiefs of careful creation activities. They develop down to earth techniques that guide the execution of the organization and friends - level vital points. They offer about all the new thoughts that make it likely for the organization and business - level wide-running chiefs to get ready methodologies.

The Ethics of Research Article Example | Topics and Well Written Essays - 250 words

The Ethics of Research - Article Example The examination in the article followed a moral setting in light of the fact that the two writers offered credit to all the writers of the information that he depended on to build the graphical investigation introduced in the paper (Dolnicar and Leisch, 2014). Also, the creators kept up privacy by not uncovering the names of the chiefs used to offer their sentiment in the paper (Miller, 2012). Keeping up secrecy is a focal viewpoint in the morals that oversee inquire about in any field. Remarkably, preceding leading the exploration, the members offered their assent, and the creators acquired consent from the pertinent workplaces (Elliott, Stern, and Institute for the Study of Applied and Professional Ethics 2007). As I would see it, the creators gave a valiant effort in watching all the moral rules that have been characterized to manage any type of research. It is clear that the creators have offered credit to all the creators whose information has been utilized in the paper (Gregory, 2003). This just demonstrates they watched the thorough research procedure of research, while submitting to the characterized moral guidelines. Along these lines, they prevailing in this division (Miller, 2012). Elliott, D., Stern, J. E., and Institute for the Study of Applied and Professional Ethics. (1997).Research morals: A peruser. Hanover, NH: Published by University Press of New England for the Institute for the Study of Applied and Professional Ethics at Dartmouth

finding freedom essays

discovering opportunity expositions In both Frederick Douglass The Battle with Mr. Group and in Imprint Twains The Adventures of Huckleberry Finn, the primary character finds a power all the more remarkable then he. In addition to the fact that they experience physical maltreatment, they additionally wind up intellectually beaten. To spare themselves, both characters escape looking for opportunity. In The Battle with Mr. Brood Douglass depicts a slave battling for his life. One evening, the slaves quality bombed him. Notwithstanding numerous endeavors at getting up, he couldnt discover his feet. Albeit attempting to disclose to Mr. Group what wasn't right, Covey gave him a savage kicking the side. He at that point got a hickory chunk and hit him over the head. As his physical injuries dynamically deteriorated, he was starting to be intellectually scarred also. In spite of a brush with death, Covey simply left him to his destiny. This was when Covey acknowledged he needed to go to his lord. He continued to walk seven miles through the forested areas, making his physical height far and away more terrible. This being his endeavor at opportunity be that as it may, he needed to hold up under the torment. Notwithstanding the savage look of Douglass, ace Thomas appeared to accept Flock could never hurt him. In his seven miles of strolling with terrible torment, he just got one night from Covey. Upon the arrival to Covey, he felt it was the ideal opportunity for defiance. He at that point took a stab at opportunity by holding onto Mr. Bunch hard by the throat. He later says that that fight was the defining moment for his profession as a slave. By indicating how the slave discovered opportunity, he really demonstrated how a slave was made a man. In Mark Twains The experiences of Huckleberry Finn, Huck Finn, a kid battling intellectually and genuinely, ends up looking for opportunity as Douglass had. The apply opens with Huck living in a home in which human advancement is the essential objective. Despite the fact that he got taught, Pap sho... <!

Develop Business Plan For A Limited Liability Company - 275 Words

Develop Business Plan For A Limited Liability Company (Other (Not Listed) Sample) Content: Executive SummaryIntroductionConcrete Installation LLC plans to become the leading provider of concrete formwork services in the area. This means always having the best and most efficient facilities, processes, and people. To achieve this, Concrete Installation is investing in many ways that will pay off in competitive advantages for its customers.The company's overall strategy will be based on a continuing improvement process of setting objectives, measuring results, and providing feedback to facilitate further growth and progress.Concrete Installation is a Nigerian Limited Liability company, with principal offices located in Abuja, Nigeria. Concrete Installation's management is highly experienced and qualified. Mr. Elabor leads the management team with over two years of experience in the construction industry.Products/ServicesConcrete Installation has developed sophisticated formwork solutions for some of the most complex construction projects being done today. The company's standard form systems are versatile and completely adaptable to a variety of configurations such as Y-walls, shafts, and circular walls.The Concrete Installation system can be adapted to almost any construction requirement that calls for forming. The company's expert staff has the capability to design and manufacture any custom component or accessory item that may be required to complete the formwork package.Owners, developers, construction managers, general contractors, and concrete subcontractors have realized substantial savings in labor and material costs by using structural contours construction methods, systems and equipment. Applications include commercial and residential structures, educational projects, recreational projects, civil projects, tunnels, utility projects, environmental projects, and virtually every other type of concrete construction.The MarketThe housing industry has proceeded at a red-hot pace for several years running. An all-time record was set in 1998, when 886,000 new-site single family homes were sold. That represented a 10% gain from the robust total of 804,000 homes sold in 1997, and an 8.1% rise from the prior record of 819,000 units in 1977. Single-family housing construction accounted for #48 million of the total #125 million generated in the industry. This makes for an excellent opportunity to expand Concrete Installation operations and gain significant market share in its primary target market segment. The company also plans to focus to a lesser extent on the residential and heavy construction industry, which is also very robust at the moment.The company plans to rapidly develop marketing alliances with industry leaders and pursue new sales of its services to residential and commercial builders. The market strategy is to capitalize on Concrete Installation's alliances by securing city, county, and state contracts.Concrete Installation plans to use a direct sales force, relationship selling, and subcontractors to re ach its markets. These channels are most appropriate because of time to market, reduced capital requirements, and fast access to established distribution channels.Financial ConsiderationsWe expect to be profitable during the first year of operations. Despite initial large outlays in cash to promote sales, the company's cash account is expected to remain healthy. The company expects to earn approximately 1.5 million naira in revenue by Year 3.1.1 MissionThe mission of Concrete Installation is to provide quality service at competitive pricingCompany SummaryConcrete Installation is a Nigerian Limited Liability company, with principal offices located in Abuja and Kano. START-UP REQUIREMENTSStart-up ExpensesLegal #1000Stationery etc. #100Brochures #500Consultants #1,000Insurance #15,000Rent #500Expensed equipment #14,000Other #1,400TOTAL START-UP EXPENSES #33,000Start-up AssetsCash Required #132,000Start-up Inventory #0Other Current Assets #30,000Long-term Assets #20,000TOTAL ASSETS #182 ,000Total Requirements #215,000START-UP REQUIREMENTSStart-up ExpensesLegal #500Stationery etc. #100Brochures #500Consultants #1,000Insurance #15,000Rent #500Expensed equipment #14,000Other #1,400TOTAL START-UP EXPENSES #33,000Start-up AssetsCash Required #132,000Start-up Inventory #0Other Current Assets #30,000Long-term Assets 20,000TOTAL ASSETS #182,000Total Requirements #215,0002.1 SafetyConcrete Installation will be committed to conducting business in a manner that protects the health and safety of all employees, customers, and persons living in the community where it operates. To accomplish this, Concrete Installation will ensure that it complies with current Health Administration and Occupational Health and Safety laws and will maintain its operations, procedures, technologies, and policies accordingly. Each employee will have the responsibility to fully comply with established safety rules and to perform work in such a manner to prevent injuries to themselves and others. Concr ete Installation is very concerned about job-site safety and plans to set up a comprehensive safety program.ServicesThe Concrete Installation system can be adapted to almost any construction requirement that calls for forming. The company's expert staff has the capability to design and manufacture any custom component or accessory item that may be required to complete the formwork package.Owners, developers, construction managers, general contractors, and concrete subcontractors have realized substantial savings in labor and material costs by using structural contours construction methods, systems and equipment. Applications include commercial and residential structures, bridges, educational projects, recreational projects, civil projects, tunnels, utility projects, environmental projects, and virtually every other type of concrete construction.Concrete Installation's formworks will offer major advances, complete adaptability, and high strength-to-weight ratio, and all at cost effec tive prices. Assembly will be quick and easy. During form use, maintenance will be minimal. Concrete Installation will recommend, as a safety precaution, occasional inspection for bolts and nuts that may have loosened from handling.The required formwork drawings that Concrete Installation will furnish to the contractor eliminate all guesswork. The company will specify the order of assembly and erection including the location of the strongbacks and joists, the location and actual loading of the form ties, location of all accessories and advise clients of the maximum allowable rate of concrete placement.Accident prevention is the cornerstone of Concrete Installation's safety commitment. The company will strive to eliminate foreseeable hazards which could result in personal injury or illness; at Concrete Installation, health and safety will not be compromised. Concrete Installation will sell its services clients in the area of commercial construction.3.1 ApplicationsThe following appli cations are uses for Concrete Installation's services.FoundationsParking LotsParking GaragesLow Rise/Tilt-UpHigh RiseFlowable Fill/Soil DisplacementRetaining WallsMarket Analysis SummaryIndustry Statistics - Concrete WorkSpecial trade contractors primarily engaged in concrete work, including portland cement and asphalt.Estimated number of Nigerian establishments 30,214Number of people employed in this industry 230,338Total annual sales in this industry #21 millionAverage employees per establishment 8Average sales per establishment #7 millionEstablishments primarily engaged in manufacturing portland cement concrete manufactured and delivered to a purchaser in a plastic and unhardened steel.Estimated number of Nigerian establishments 5,798Number of people employed in this industry 89,662Total annual sales in this industry #19 millionAverage number of employees per establishment 17Average sales per establishment #6.5 million4.1 Market SegmentationThe housing industry has proceeded at a red-hot pace for several years running. An all-time record was set in 1998, when 886,000 new-site single family homes were sold. That represented a 10% gain from the robust total of 804,000 homes sold in 1997, and an 8.1% rise from the prior record of 819,000 units in 1977. Single-family housing construction accounted for #48 million of the total #125 million generated in the industry.Home sales strengthened even further during most of 1999's first 10 months. In that period, new single-family home sales increased by 4.8% on a year-to-year basis, to 791,000 units, according to the Nigerian Bureau of Statistics. Through October 1999, seasonally adjusted sales had exceeded 800,000 on an annualized basis in every month since the start of 1998.The record setting string of home sales since the second half of 1997 has forced builders to pick up the pace of their construction activity. During 1998, total starts increased by 9.7% to 1.62 million units. Starts for single family units moved u p 12 % for the year, and those of multifamily units were ahead by 1.5%. As an indication of building activity at year-end 1999, housing starts in November 1999 came in at a seasonally-adjusted annual rate of 1.6 million Strategy and Implementation SummaryThe company plans to rapidly develop marketing alliances with industry leaders and pursue new sales of its services to residential and commercial builders. The market strategy is to capitalize on Concrete Installation's alliances by securing city, county, and state government contracts.Concrete Installation will be committed to ensuring that the products used on its' customers job sites, everything from access scaff...

Ethical Dilemma about the Same Sex Marriage in Firm Balk at Gay Wedding by Koppel and Johnes Free Essay Example, 1000 words

The paper aims to delimit some ethical dilemmas, one of which is should the business maintain open and sincere relationships with the customers or it is possible to violate the free speech rights in the case expressing personal opinion will insult or contradict customer s beliefs. Similarly to other dilemmas, there could be different answers to this question, depending on the perspective a person uses. For instance, from the duty-based theory, saying the lies and serving a gay couple is morally wrong as the essence of deceit is immoral, regardless of what outcomes it could bring. (Shakil) However, from the stakeholder approach, such an attitude can be approved as it will be aimed at ensuring that the rights and interests of customers preserved. In addition, to my mind, it would also be relevant to address another dilemma: whether the decision not to have children should be tolerated and whether such marriages should be regarded as equal to those with children. Indeed, people may not give birth to children due to many reasons, such an illness, being infertile, or making a conscious decision not to do that. We will write a custom essay sample on Ethical Dilemma about the Same Sex Marriage in Firm Balk at Gay Wedding by Koppel and Johnes or any topic specifically for you Only $17.96 $11.86/page

Persuasive Speech - 1641 Words

Laura Boreen Neilson Intro to Public Speaking 14 November 2010 Persuasive Speech Reduce Landfill Waste by Reduce, Reuse and Recycling and the financial benefits I. Introduction A. Attention Getter: Over half of the waste that ends up in the landfill does not belong there because it could have been recycled or reused. B. Credibility Statement: Not only do I religiously practice reducing, reusing, and recycling, but I have done a great deal of research for this speech, also research for a recycling project in my Human Concerns Class. C. Significance/Identification Statement: The survey that I conducted with this class concluded that every one of us acknowledges that recycling is beneficial, yet only 60%, a little†¦show more content†¦For example, using a leftover coffee can for loose nails or screws, or even washing and reusing a plastic zip-loc bag instead of throwing it in the garbage. Thrift shopping is a way of reusing someone else’s unwanted goods. As I spoke about in an earlier speech about thrifting, I included many locations and ways to thrift, also the benefits to the shopper and the donator. One place in particular was shopping at the local boys and girls club. I personally shop there, keeping my eyes open for a good deal. For example, the pair of jeans that I am wearing today was purchased from this store just a few months ago. I paid only $8.00 for this pair of Lucky Jeans and according to buckle.com, a retailer for lucky jeans the retail price is $99.00 that is a savings to me of $91. 00.I am not the type to worry about name brands, but quality usually does cost more. If I can get a quality pair of jeans at a fraction on the price, I am glad to shop at the thrift store. I am thankful to the person that made the donation of the lucky jeans and they can benefit from that donation. According to the IRS webpage, IRS. Gov it explains that an individual can donate items like clothing, household furniture and furnishings, a car or boat, even taxidermy. The donations are appraised, by the donator, and recorded. At the time of filing taxes if the donation equals at least $500 for the year, the donator may take advantage of theShow MoreRelatedPersuasive Speech : Automatic Speech Recognition1610 Words   |  7 PagesAutomatic speech recognition is a tool that allows computers to translate spoken language into written text. This technology can assist users in interpreting and using audio information for applications such as transcribing interviews, human-computer interactio ns, and many more. Speech recognition is an application the Ministry of Justice has expressed great interest in. 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Taxing Capital Gains Views from Australia

Question: Discuss about the Taxing Capital Gains Views from Australia. Answer: Letter of advice: Dear Mr Jacob According to the ITAA 1997, every Australian occupant is held liable to pay tax based on the sources from which it is earned be it within or outside of Australia. After analysing the documentary evidence and details, we have understood that you have satisfied the criteria to be called a permanent Australian resident for the taxation year of 2015-16. Going by your private details and your financial plans, we have prepared a report to offer you guidance and advice based on your tax consequences with appropriate tax benefit. CGT on disposal of house property: You intend to sell off your house property in the current taxation year which constitute a CGT asset under section 108-5 (1) of ITAA 1997. It is worth mentioning that Date of Acquisition forms an important element in determining the capital gains tax. Furthermore, the CGT status of an asset largely depend upon the acquisition date such as an asset acquired on or before September 21 1985 will constitute a pre-CGT asset and any such revenue derived is liable to be exempted from tax. Cost base of the asset held or acquired after 21 September 1985 but before 20 September 1999 is calculated under the indexation method which assessing tax (Barkoczy2016). Under such circumstances, the taxpayer is not eligible for 50% exemption on such assets under the index cost base. You bought the old house property on 31st October 1987, which does not constitute a Pre-CGTasset. As the date of acquisition is prior to 20th September 1999, the cost base of such assets must be assessed for taxable purpose under the indexation method. After analysing your document, it is found that you have owned the asset for more than 2 years and being an individual taxpayer you can avail either indexation method or 50% exemption method according to your suitability. Cost base of the Asset: Cost base of the property forms the purchase price of the asset. It is understood from the analysis that at the time acquisition of asset you incurred an expense for legal cost and stamp duty relating to the purchase of property. As per Section 110-25, such expenses forms the part of total cost base and based on indexation method, such index values relating to the expenses should be included with the purchase price of the property (Woellneret al. 2016). It was found that you incurred additional expenses to make the sellable, which should also be included with the original value in computing the cost base under indexation method and 50% exemption method. Exemption for residential property: Capital gains arising out of sale of residential property are exempted from tax. It is found that you have used house as your main residence after purchase barring the period from 31stOctober 2006 to 31stDecember 2014. Thus, we would to like to inform you that you cannot avail full exemption since the residential property remain vacant for eight consecutive years (Wood, Ong andWinter 2012). You are only eligible to avail exemption for the rest of the period and only advised to pay tax on capital gains for a period of eight years. Calculation of capital gains: A detailed computation on sale of property and capital gains derived under both 50% reduction method and indexation method is given below in accordance with the rules and assumption stated above; Calculation of Net Capital Gain Taxation for the year ending 30th June, 2016 Particulars Actual Cost Indexed Cost Amount ($) Amount ($) Anticipated Sale Proceedings $4,80,000 $4,80,000 Cost of Property: Purchase Cost -190000 -274223 Legal Costs incurred on Purchase -1900 -2742 Stamp Duty incurred on Purchase -4850 -7000 Expenses incurred on Re-Painting -6200 -6200 Expenses incurred on Construction of Fence -3600 -3600 Expenses incurred on Repairing of Front Porch -2400 -2400 Capital Gains on Sale of House Property $2,71,050 1,83,835 Less: 50% Exemption -135525 0 135525 183835 Less: Part Exemption for Main Residential Status 98139 133122 Net Taxable Capital Gains $37,386 $50,713 From the above stated computation it is found that capital gains under 50% reduction method will be less than that of the indexation method. Amount derived from capital gains under the 50% reduction should be considered as your statutory income (Minas and Lim 2013). Assessable income for Tax: Incomes are classified under two heads namely ordinary income and statutory income. As stated under Division 15, ITAA 1997 Ordinary Income represents those incomes, which is derived from the normal course of activities whereas, statutory incomes are those incomes, which are earned from abnormal or accidental activities (Gilders 2012,). The status of your incomes is stated below; Income from salary: You are teacher by profession and earn salary by imparting teaching services to your employers. Under section, 15-3 of ITAA 1997 it is considered as return to work payment and it is assessable in the form of ordinary income. Franked dividends: The dividend received by you should exhibit the entire amount for assessment while filing tax return however; you can subtract the sum of franking credit from the gross sum of tax payable. Holiday received from bank for opening new account: The cash amount received by you for holiday from bank because of opening new bank account will be included in the assessable income. As stated under section 21A, any non-cash benefits such as holiday being capable of being measured in cash values does not forming the part of employment relationship in included in the ordinary assessable income while computing tax (Freebairn 2012). Family tax benefit: Family tax benefit received for a dependent child under the age of 21 is not included for assessment. You are only advised to show such expenses in your assessable income and can offset such from your total tax. Watch received as gift: It is found that you received a gift as lifesaver and such gift received by you was entirely without any intentions to earn. Hence, such gift does not constitute in the form of assessable income. Allowable deductions: Expenses occurred for daily livelihood does not forms the part of assessable income. However, expenses occurred for generating income from any sources then such expenses are liable to be deducted from the assessable income. The expenses incurred by include; Purchase of work cloth and shoes: According the documents obtained from your employer it is understood that the official uniform is approved by the authority and it deductions can be availed from the assessable income (Long, Campbell and Kelshaw 2016). Under division 34 of ITAA 1997you can apply for deductions for the expenses incurred on the purchase of clothes and shoes on being approved under register of approved occupational clothing. Work related car expenses: Any kind of expenses incurred for generating income, which is related to work and employment, is eligible for deductions under Division 900 ITAA 1997. It should be noted that not all car expenses are subjected to deductions. Going by the documents provided by you it is found that depreciation is not separately provided by you. Depreciation forms the part of car expenses and should be calculated under the taxable rules. It is noticed that the car ran 25,000 Kms. out of which 5600 Kms was run for occupational purpose. Hence, out of total car expenses a portion of such sum is eligible for deductions from the assessable income in form of work related expense (Wallace 2015). Below listed is the calculation of your deductible car expenses is given below; Particulars Amount ($) Total Kilometre Ran 25000 Work-Related Running Kilometre 5600 Percentage of Work-Related Usage 22.40% Deductible Running Expenses: Fuel Charges $1,700 Repairs Service Expenses $750 Depreciation Expense of Car $10,500Sum of total Running Expenses $12,950 Work Related Car Expenses 2,901 Cost incurred for studying:It is found that you have continued your educations in order to gain promotion. As stated under section 8-1 you can claim deductions on expenses incurred during your own educations (Butler 2016). However, you are not eligible to claim deductions for expenses incurred in the procuring laptop since it represents capita in nature. Superannuation expenses: We would like to inform you that since you are engaged in regular employment, which is more than 10% of the total income. Hence, you cannot claim for any kind of deductions on your superannuation contribution (Jones 2016). Fees incurred on tax agent: Fees incurred on certified tax agent for filling up tax return is not considered as deductible expenses. Computation of Income tax: Based on the above stated discussions and assumptions laid down your net taxable return for the year 2015-16 is listed below: Calculation of Taxable Income for the year ended 30th June,2016 Particulars Amount in ($) Amount in ($) Assessable Income: Ordinary Income: Salary $72,000 Dividends Received $1,995 Franking Credit $855 $2,850 Holidays received $3,200 Family Tax Benefit $1,300 Statutory Income: Net Capital Gain on Sale of House Property $37,386 EUM of TOTAL ASSESSABLE INCOME 116736 Allowable Deduction: Purchase of Working Clothes Shoes $450 Cost of Studying Maters Degree $3,650 Less: Cost of Laptop $1,850 $1,800 Tax Agent Fees $7,50 Car Related Expenses $2,901 Depreciation on Laptop $255 Sum of TOTAL ALLOWABLE DEDUCTION $6,156 NET INCOME TAXABLE $1,10,580 From the above stated table it can depicted that your taxable income stands $1,10,580 and you will be considered under the range of $80,001 to $180,000. Thus, you are require to $17,547 with 37% of the excess income for having earnings beyond $80,000. You shall also be required to pay 2% of the Medicare levy on the net taxable amount since you have a dependent child so you are not required to pay any Medicare levy surcharge (Yinger, Bloom and Boersch 2016). Furthermore, we are also offering you advise where you can avail tax offsets; Franking credit: The franking credit obtained on dividend can be deducted from the sum of total tax payable. Family tax benefit: Family tax benefit is exempted from tax and the benefit put forward by you in your assessable income is eligible for deductions from total tax payable (Nel 2016). From the above stated discussions the sum of tax payable by you for the period of 2015-16 is computed in the below listed table; Calculation of Tax on Taxable Income for the year ended 30th June, 2016 Particulars Amount ($) Amount ($) NET TAXABLE INCOME $1,10,580 Tax on Taxable Income $28,547 Add: Medicare Levy @2% $2,212 GROSS INCOME TAX $30,758 Less: Tax Offset Franking Credit $855 Family Tax Benefit $1,300 PAYG Withholding $15,900 $18,055 NET TAX on TAXABLE INCOME $12,703 Recommendations: After going through the documents provided by you it is advised that instead of selling up the house you should sub lent the house on rent and purchase new house. You can simply prepay the interest incurred on your investment property in order to claim deductions. Whether the house is positively or negatively geared you can put forward your claims on the rental property by being the principle owner of it. It is further recommended that you can claim tax offset on your work related expenses such as telephone cost and subscriptions. In addition to this, you can also claim education tax offset for your family by up to 50% of the cost items such as educational software, home computers, text books and cost incurred for stationaries. Thus, we anticipate that the above stated discussions and recommendations has addressed your queries and have been able to offer you complete satisfactions. References: Barkoczy, S., 2016. Core tax legislation and study guide.OUP Catalogue Woellner, R., Barkoczy, S., Murphy, S., Evans, C. and Pinto, D., 2016.Australian Taxation Law 2016. Oxford University Press Wood, G., Ong, R. andWinter, I. 2012, "Stamp duties, land tax and housing affordability: The case for reform", Australian Tax Forum, vol. 27, no. 2, pp. 331-349. 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Yinger, J., Bloom, H.S. and Boersch-Supan, A., 2016.Property taxes and house values: The theory and estimation of intrajurisdictional property tax capitalization. Elsevier. Nel, P., 2016. Primary residences, rental income, and tax: income tax.Tax Breaks Newsletter,2016(366), pp.2-3.