'Bottom of the harbour' schemes were a form of tax avoidance used in Australia in the 1970s. The 'harbour' referred to was Sydney Harbour, which was near the financial district. Participation in the schemes was made a criminal offence in 1980.
Julie and Andrew want to know if they will receive a tax refund or have tax payable. Use the data they provided and let them know the result of your calculation.
|Task B4.2 Do we get a refund?|