In which of the following cases is it most likely that the taxpayer derived income in the current tax year ended 30 June?

Select one:

1. Nicholas bank account is credited with interest of $1500 on 29 June. He did not know about it until he presented his passbook at a local branch on 14 July.

2. Cathy is a chartered accountant practising as a sole practitioner with a part-time clerical assistant. On 30 June, she invoiced a number of her clients for work done up to that date, for a total of $5600. The invoices were all paid after 30 June.

3. Stephen, an academic, has $7000 owing to him for fees in relation to some writing he had done for his book publishers up to 30 June. The publishers wrote a cheque for $7000 and posted it to Stephen on 4 July.

4. Tom provides piano lessons to school students for a fee. His fees are payable by the students in advance but if a student ceases classes during the term he refunds any amounts not used and keeps the fees received in advance in a separate account. He received $1000 on 23 June, as fees for the term commencing 20 July.

5. Daniel received a $3500 bonus from his employer on 3 July in appreciation of his hard work for the year ended 30 June.