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During the current income year, George received: salary and wages of $35,000 A bonus of $2500 from his employer paid into his bank account on

During the current income year, George received:

  • salary and wages of $35,000
  • A bonus of $2500 from his employer paid into his bank account on 2 July 2021.
  • Tips as a part-time waiter of $1500
  • Entertainment Allowance $4000
  • interest of $3000
  • Reimbursement of meals while travelling for working $5000
  • a lump sum compensation payment for loss of mobility in fingers due to a work injury of $23,000

What is Georges assessable income for the current year ended 30 June 2021.

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