BFA714: Australian Tax Law - Scott Wright Case Study - Law Assignment Help

Assignment Task:

General Facts:

Scott Wright is 36 years old and is an Australian resident for tax purposes. Scott is an employee teacher working for Launceston Secondary College. Scott has been working as an English teacher since he completed his Diploma of Education degree fifteen years ago. He lives in a house in Newnham, is single, and has no dependents.

Scott has supplied you with the information below relating to his personal income tax affairs for the year ended 30 June 2020. However, he is not certain whether everything he has provided you with is assessable or deductible. He has asked you to consider each item and determine whether it is assessable or deductible.

Scott wishes to minimise his 2019/20 taxable income wherever legally possible. Assume that the amounts detailed below are all of Scott’s receipts and expenditure for the 2019/20 income year, and that all of his expenses are correctly substantiated (unless otherwise stated).