Q1 For members aged 75 years or more, the only type of super contribution that can be accepted by the fund is:

Select one:

a. concessional super contributions

b. mandated employer contributions

c. government co-contributions

d. non-concessional super contributions

Q2 If a non-profit company is not a small business entity for the current financial year and its taxable income is more than $916, the taxable income is taxed at____

Select one:

a. 30%

b. 55% on the excess over $416

c. 28.5%

d. 15%

Q3

David, a professional golfer, has generated the following income for the current financial year:

Directors fees from Senior Golf Foundation $5,000

Fees received from conducting interviews with media (relating to performances as a touring PGA golf pro) $1,000

Prize money earned from the Australian PGA golf tour $50,000

Earnings from conducting coaching clinics for local golfers $20,000.

What is Davids taxable professional income for the current financial year?

Select one:

a. $76,000

b. $50,000

c. $51,000

d. $25,000

Q4 The core principles of the Code of Professional Conduct for registered tax agents include: honesty & integrity confidentiality independence competence

Select one:

a. and

b. and

c. and

d. and