He commutes from the cottage to Orange to teach. Although an office is maintained for him at the university at Orange, Cyril subcontracts out all but the first and last weeks of his teaching in all his courses. He incorporates a company "Cyril Academic Consultant Pty Ltd" of which he is sole shareholder and director. Thereafter, while based at his Mudgee property, Cyril devotes all his time to writing and teaching courses for Asian universities as an employee of Cyril Academic Consultant. Cyril Academic Consultant Pty Ltd takes out a professional indemnity insurance policy in respect of Cyril's activities. All communications with the Asian universities are conducted through Cyril's Mudgee property. In the current year Cyril received a salary of ty. Cyril Academic Consulting Pty Ltd received in consulting fees from Asian universities and Later in the same year Enviro-sanctuary is placed into receivership and the receiver, with a view to reducing costs, cancels Cyril's contract and offers to Cyril accepts the offer and requests that payment be made to Cyril Academic Consulting Pty Ltd. The receiver of Enviro-sanctuary duly makes the payment as per Cyril's request. Advise Cyril and as to whether any of his receipts are income to him and, if so, on what basis. Advise Cyril Academic Consulting Pty Ltd as to whether any of the receipts are income to it