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1. Which of the following is assessable income, provide reasons for your answers a. Fortnightly Insurance payout for loss of income due to personal injury

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1. Which of the following is assessable income, provide reasons for your answers a. Fortnightly Insurance payout for loss of income due to personal injury for 12 months b. Entertainment provided by employer that can be convertible to cash C. Tips d. Dividends e. Rent Received from tenants f. Money received for giving up rights (le, Restraint of trade agreement) g. Money received for winning an award h. Refund from a shop for goods purchased and returned 1. Entertainment allowances provided to employees by the employer j. Winnings from casino k. Inheritance

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