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1 Lyn Wang, aged 24, has recently finished university and commenced employment with a local accounting firm on 1 March 2021. As yet, she does
1 Lyn Wang, aged 24, has recently finished university and commenced employment with a local accounting firm on 1 March 2021. As yet, she does not have a Tax File Number (TFN). Advise Lyn as to her employer's obligations concerning her TFN. Oa. Lyn's employer must withhold tax from her salary at her respective marginal rate of tax if Lynfails to provide her TFN. Ob. Lyn's employer must withhold tax from her salary at the top marginal rate of tax if Lyn fails toprovide her TFN OC Lyn need not provide her TFN to her superannuation fund. O d. Lyn must provide her TFN to her employer. QUESTION 2 Which of the following statements would most likely be considered ordinary income? Oa. A husband who has received salary income on behalf of their wife who directed an employer to pay him instead. Ob. An employee who received a reimbursement of $80 for a work related tax trip they paid for themselves The increase in value of shares from one year to the next. Od. A wife who directs her employer to pay $5.000 salary to her husband instead of herself, 1 points Save Answer 1 points Severwer
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