Taxation Law - Jane Case Study - Taxation Law Assignment Help

Assignment Task

Facts:
Jane lives in Ryde and commutes daily to the accounting firm in Sydney CBD where she is employed full-time as an accountant. She receives a salary of $110,000 in the
2019/20 year of income, from her accounting job. Jane’s employer also provides her with a laptop computer (valued at $3000) to use for her work. Jane is an Australian
resident for tax purposes.
For the 2019/20 year of income, Jane pays $700 membership fees for her membership of the Association of Chartered Accountants, Australia & New Zealand.

She also pays $500 for an annual subscription to the Australian Accounting Review (AAR) magazine in 2019/20. Jane is required, by her employer, to wear “all black” clothing while working as she often meets with clients. During the 2019/20 year of income, she spends $700 on “all black” skirts, trousers, and tops to wear to client meetings. In October 2019 she takes a client out for lunch at a restaurant in the Four Seasons hotel to discuss a work matter. The lunch costs $350. She is so busy working at the accounting firm that she often has to bring work home on weekends. She completes this work using her work laptop at a small table in the kitchen while her housemates are cooking and washing dishes. During the 2019/20 year of income, the heating and lighting costs for the kitchen are $500.
Jane is very hardworking and in addition to her full-time job, she also teaches art classes at a community college in Epping during the week, in the evenings. She
travels from the accounting firm in Sydney CBD, to the college in Epping to teach.
During the 2019/20 year of income, she incurs travel expenses of $2,000 in travelling from the accounting firm to the college in Epping. She receives $20,000 from
teaching at the college during the 2019/20 income year.

Required: Advise Jane regarding any relevant tax implications arising from the above facts in relation to the 2019/20 income year. In your answer, make sure that you apply the HIRAC methodology and refer to any relevant cases, legislative provisions, tax rulings and principles of tax law, and include any relevant calculations.

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