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Stephanie made a claim on her income protection inBelinda's parents gave her a gift of $50,000 to assist her to purchase a house. What is

Stephanie made a claim on her income protection inBelinda's parents gave her a gift of $50,000 to assist her to purchase a house. What is this type of gift classified as? Exempt Income Assessable Income Non-Assessable Income Non-Assessable Non-Exempt Income Insufficient Informationsurance policy and received $6,700 in payments from her insurance company during the year. What is this income classified as? Exempt Income Assessable Income Non-Assessable Income Non-Assessable Non-Exempt Income

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