QUESTION2.7 (Interestincome)

Thefollowingresidenttaxpayersreceivedinterestfromarangeof transactions:

• Tennillereceived$9,600fromthematurityofatermdeposit.The capitalsumwas$9,000andtheinterestcomponentwas$600.
• SamandPamarecreditedwithatotalof$800forinterestontheir joint savings account.
• Bernicereceivedanamountof$1,484interest.Thisamountisnetof

$1,316oftax,whichwasdeductedfornotprovidingataxfilenumber.

• Amy receivedinterest of $2,700 fromanaccount heldinHonglong. This amount is net of $300 withholding tax.
• Maxhasanamountof$70fromtheATObeinginterestcreditedto his 2O2O/21income tax assessmentfor overpaymentof tax.
• Hank, a business taxpayer, received an amount of $400 interest on a loan he has provided to his employee.

Indicate any amounts from these transactions that is assessable income.