CLIENT INFORMATION:

General Facts:

Gareth Morgan is 49 years old and is an Australian resident for tax purposes. Gareth is an employee teacher working for Brisbane Secondary College. Gareth has been working as an English teacher since he completed his Diploma of Education degree fifteen years ago. He lives in a house in St Lucia with his defacto partner Tracey (44 years old) and they have no dependants. Tracey owns the house at St Lucia and purchased it back in 2013.

Gareth is completing a Master of Education at Griffith part time. He attended classes two nights a week during each Semester.

Gareth has supplied you with the information below relating to his personal income tax affairs for the year ended 30 June 2023. However, he is not certain whether everything he has provided you with is assessable or deductible. Because of his uncertainty, he has asked you to carefully consider each item and determine whether it is assessable or deductible. Gareth wishes to minimise his 2022/23 taxable income wherever legally possible, and he will be lodging income tax returns in further years. Assume that the amounts detailed below are all of Gareth's receipts and expenditure for the 2022/23 income year, and that all his expenses are correctly substantiated (unless stated otherwise).

Personal information

	Client
Full Name:	Gareth Morgan
Date of Birth:	16 December 1974
Occupation:	Teacher
Tax File Number:	111 222 333
Telephone Number:	(07) 5522 8877
Home Address:	11 New St, St Lucia 4076

1. Prior income tax returns

Gareth used the services of his uncle (who is not a registered tax agent) to help him complete his 2021/22 tax return. His uncle sent him an invoice of $660 for the tax return preparation. Gareth paid it on 25 July 2022.

Gareth gave his friend, Neil, a carton of beer (worth $60) for some tax advice about selling some shares during the year.

Gareth paid his 2021/22 income tax liability three months late, so the Australian Taxation Office (ATO) imposed $146 in general interest charges (GIC), which he paid on 2 February 2023.

2. Salary and Wages

During the 2022/23 income year, Gareth worked as a teacher for Brisbane Secondary College.

Gareth was provided with a PAYG Payment Summary from his employer for the period from 1 July 2022 to 30 June 2023, which included the following information:

Name of Payer: Brisbane Secondary College

ABN of Withholder: 00 111 222 789

Gross payments: $97,590

Laundry Allowance: $184

PAYG tax withheld: $21,948

Reportable Super Contribution (RSC) $3000

Note that the gross payments of $97,590 include an amount of $1,020 for annual leave that was paid to Gareth on 1 July 2022, although he took the leave in the prior tax year of June 2022.

Note the RFBA relates to that Gareth has salary sacrificed some of his wages to be provided a car by the school. The RSC relates to $3,000 that Gareth has salary sacrificed into his superannuation. In addition, the School has paid in $10,246 as superannuation guarantee on behalf of Gareth.

Gareth does not have a HELP debt or a Financial Supplementary debt, or any trust distributions.

3. Australian Shares

The details of Greg's share portfolio and dividends received during the 2022/23 income year as follows:

Company Name	Date of dividend paid	Cash received (franking percentage)
BHP	31/7/22	$830 (fully franked)
CBA	15/5/23	$2,400 (60% franked)
Westfarmers	1/6/23	$700 unfranked.

In the case of all dividends, the company tax rate was 30%