Dear Sir,

Destiny Childs is a 57 year-old, single, resident taxpayer. She has appointed you as her tax agent and provided you with the following information for the 2018/19 tax year:

Net Business Income $ 42,000

Gross Wages (no PAYG tax withheld) $ 10,000

Assessable portion of Net Capital Gain $ 33,000

Net Loss from Rental Property ($ 22,000)

Reportable fringe benefits $ 7,000

Destiny does not have any dependants and was NOT covered by private hospital health insurance.

REQUIRED:

a) Who would you consult if you required advice and guidance to determine any income tax related issues?

Thank you.