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Advise whether the following receipts are assessable or not assessable and explain why 11) Proceeds of term deposit of $5,200 (includes principal of $5,000) 12)

Advise whether the following receipts are assessable or not assessable and explain why

11) Proceeds of term deposit of $5,200 (includes principal of $5,000)

12) Lottery win of $45,000 Received lump sum of $50,000 due to loss of leg as a result of work accident

13) Prize of $200 won in a magazine competition

14) Birthday gift of $200 from uncle

15) Gross interest on saving account held jointly with spouse $1,000

16) Christmas bonus of $800 received from Employer

17) Fully franked dividend of $7,000 received from Westpac Bank

18) Received $2,400 from sickness and accident policy

19) Employer paid $1,000 in superannuation guarantee payments to the taxpayers nominated superannuation fund

20) Workers compensation received by the taxpayer for lost wages

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