Tax305 - Taxaion - Income Tax - Taxaion Assignment Help

Internal Code : 2ACHI

Taxaion Assignment Help

TASK Bruce Lee is a Lawyer with his own legal practice and registered for GST His receipts and payments (not including GST) for the year ended 30 June 2018 are as follows: Receipts 340,000  Professional legal fees 8,000  Income from part-time military service (note 1) 7,000  Dividends received from an Australian resident company fully franked 34,000 Salary received from part-time lecturing at the University ($6,000 in PAYG W) 5,000  Interest on Bank Deposits 10,000  Rental income from an investment property