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Question 2 (10 marks) Tash is a resident taxpayer employed by XYZ printing services. The following transactions occurred during the 2021/22 income year: 1.
Question 2 (10 marks) Tash is a resident taxpayer employed by XYZ printing services. The following transactions occurred during the 2021/22 income year: 1. Tash received a gross salary of $52,000. This was paid into a bank account held by her husband Ray. 2. Tash received interest from her bank account of $200 which was paid over the year. 3. Tash received business grant for her business of $14,000. 4. Tash won $2,500 from her share of a Powerball syndicate with her work colleagues. 5. On 1 April 2022, Tash began to receive $300 dividend per week 6. 7. 8. In May, Tash also received a holiday to Indonesia valued at $6,000 as a bonus from work. This was paid as a lump sum. In May, Tash also received a gift of $5000 from her grandmother. Tash received dividends from an investment of $1,200. 9. On 2 May 2022, Tash began receiving $100 per month for a Veterans Pension. 1. For each of these transactions indicate which amounts are to be included in Tash's assessable income and the total figure of assessable income. Indicate the applicable section of the ITAA (6 marks) Answer
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