Question
Are the following subject to taxation in the hands of the recipient? Give reasons, quote sections of the ITAA and indicate any special points you
Are the following subject to taxation in the hands of the recipient? Give reasons, quote sections of the ITAA and indicate any special points you consider are relevant. (a) Part-time dishwashing payments received under a false name by a student. (b) Bonus of $500 paid to an employee on completion of three years without absence on sick leave. (c) The old age pension. (d) An entertainment allowance paid to a sales manager. (e) Austudy allowance received by a student. (f) A lump sum legacy of $10,000 received from a relative's estate. (g) Maintenance received by an ex-husband. (h) A retainer received by a solicitor during a year in which no services are performed for the client. (i) A prize of $1,000 received by a sportsman for fairest player of the season, where the person concerned receives a fee for playing the sport. (j) $600 remuneration earned for part-time services as a member of the Defence Force Reserve. (k) $500 earned by a twelve year-old child from delivering newspapers. (I) Uniform Allowance to cover cost of purchase and laundry of compulsory uniforms.
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