Task B1.2 Assessable income revisited

Working with a partner, consider the scenario you are assigned and decide whether the money should be considered part of assessable income for the calculation of their income tax.

Add your ideas online and be ready to present your decision and justify it to the whole class.

Task B1.2 Assessable income revisited
Type: Mixed
Questions: 13
Attempts allowed: Unlimited
Available: Always
Pass rate: 75%
Passed:
  • Fact 21

    As overseas travel became more common in the 1960s, the ATO stopped issuing tax clearance certificates (which had previously reminded Australians planning on travel that they must ensure they had paid all tax owed prior to leaving the country).

Partnership

An association of persons who carry on business together.

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