Question
Question 7-5 Elaine and John are husband and wife and Jason is their adult son. Elaine runs a business of providing home care to elderly
Question 7-5 Elaine and John are husband and wife and Jason is their adult son. Elaine runs a business of providing home care to elderly people and has business turnover of $200,000 for 2019/20. John runs a car repair business with turnover of $1.6 million for 2019/20. Jason runs a business of providing tutoring services to high school students, and his turnover for 2019/20 is $300,000. Elaine, John and Jason each run their business as independent entities with separate business bank accounts and employees. Elaine and Jason each run their business from an office in the family home, and John runs his business from a separate location. Explain whether Elaine is eligible to claim small business concessions for 2019/20. You do not need to discuss the actual concessions, only Elaines eligibility
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