Please give reasons that explain and support your answers by citing cited relevant cases, ATO rulings, and legislative references, considering individual/business taxation and cryptocurrency. Read the following case to:

1) Advise if Emily is classified as a tax resident or not for the year ended 30 June 2024.

2) Advise Emily on what amounts may be included in her Australian taxable income for the 2023/24 tax year. Does the school's taxable income included in Emily's taxable income?

3) Calculate Emily's taxable income for the year ending 30 June 2024.

Emily held the United Kingdom passport at all relevant times. From the time of her first visit to Australia in 2016 until the end of the 2024 income year, she held a visa which permitted her to live and work here. Emily is currently contemplating applying for a permanent residency.

During the time she was in Australia, Emily worked under a contract as a yoga teacher. On 5 July 2023, she needed to travel to Fiji to teach yoga, leaving her 9 years old daughter behind in Australia. She intended to stay in Fiji for 18 months. Her employer provided temporary accommodation and meals to Emily. Emily acquired a new car in Fiji. As she missed her family, she terminated her contract and returned to Australia after 2 months. The total salaries she derived in Fiji was AUD 40,000 and it was paid in Bitcoin.

After Emily returned to Australia, she briefly worked as a waitress in a top tier restaurant. Emily received salary totalling $10,000. Additionally, she received tip income totalling $5,000 for her high-quality service.

On 15 February 2024, Emily set up a Sydney CBD English Tuition school where she is a co-founder and principal. She hired three English teachers to manage and teach in the tuition school. The tuition school requires students to pay for English lessons upfront at 20 lessons for $3,500.

The following information relates to Emily's business for the year ended 30 June 2024: - Total cash received from the students' fees for lessons was $800,000.

- Salary paid to three English teachers was $200,000.

A once-off bonus totalling $30,000 was also discussed prior to 30 June 2024 but was not confirmed.

- Rental and other occupancy expenses paid up to June 2024 was $60,000.

- Paid rental expenses for July to December 2024 was $30,000 due to landlord's incentive plan for early payment. - New computers (2 computers were purchased) Purchased on 20 February 2024. Estimated life is 5 years. Total cost was $10,000.