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Read the following scenario and follow the instructions below: John is a full-time tertiary student, enrolled under the HELP loan scheme that covers his total

Read the following scenario and follow the instructions below: John is a full-time tertiary student, enrolled under the HELP loan scheme that covers his total course fee of $5,800. John also works part-time in a suburban restaurant, earning a gross income of $380 per week. Each year, John receives an additional lump sum payment of $3,400 from a family trust set up by his grandparents that he keeps putting in a fixed deposit with a bank. In a stroke of luck this year, John has won a Lotto prize of $12,000 which he has promptly put in another fixed deposit. Question 3. Give examples of tax deductions that John may be entitled for

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