Q1 Julie is single. For the current financial year, she has taxable income of $65,000. She also receives reportable fringe benefits of $20,000 and reportable superannuation contributions of $10,000. She has no net investment loss. Julie's income for Medicare Levy Surcharge purposes for the current financial year is______

Select one:

a. $75,000

b. $65,000

c. $85,000

d. $95,000

Q2

During the current income year, Neil has made the following income:

Wages $50,000 Interest on term deposits $2,000 Rental income from his investment property $20,000 Net capital gain from selling his investment property $50,000 His assessable income for the current income year is_____

Select one:

a. $122,000

b. $102,000

c. $72,000

d. $97,000

Q3

Sally is an Australian resident. She worked in UK continuously for 6 months on a project for the supply of agricultural services carried out on behalf of the Australian government. The project is an approved overseas project. She earned $100,000 foreign income from working on this project. This $100,000 is her ________

Select one:

a. exempt foreign income

b. assessable income

c. non-assessable non-exempt income

d. taxable income

Q4 the cost base of a CGT asset includes:

Select one:

a. costs associated with owning an asset such as insurance premium and rates

b. costs relate to installing or removing the asset

c. all are correct

d. the money paid for the asset & costs of advertising to find a seller or buyer

Q5

Mia is a bookkeeper. She attended a short course about using MYOB to do bookkeeping. The course cost $500. Mia can claim an expense of _______ as a deduction.

Select one:

a. $0

b. $250

c. $300

d. $500

can you check my answer for all these questions ( my answered fool all these questions are in the dark amount)