Question
QUESTION5.25 (ForeignPension) Leo Expat, a 59-year-old resident taxpayer with private health insurance, received a government pension from the United IKingdom that is taxable in Australia,
QUESTION5.25 (ForeignPension)
Leo Expat, a 59-year-old resident taxpayer with private health insurance, received a government pension from the United IKingdom that is taxable in Australia, but not in the United Kingdom.
Leo is exempt from tax in the United I ingdom, but subject to tax as an Australian resident taxpayer.
During the2021/22 tax year, Leo received $16,OOO of pension, and derived interest and unfranked dividends of $48,000.
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Financial Accounting
Authors: Libby, Short
6th Edition
978-0071284714, 9780077300333, 71284710, 77300335, 978-0073526881
