Question
Which of the following receipts would be most likely to be NOT treated as a kind of assessable income? A $150 cash bonus received by
Which of the following receipts would be most likely to be NOT treated as a kind of assessable income?
- A $150 cash bonus received by a shop assistant from her employer at Christmas time.
- A sign-on fee of $75,000 received by a professional rugby league player as an inducement to take up a player s contract with the Brisbane Broncos rugby league team.
- Free airline travel received by employees due to employer-paid expenditure under a frequent flyer program.
- A $2 million lease incentive received by a legal firm as an inducement to take up office space in a new high-rise building in Brisbane.
| A sign-on fee of $75,000 received by a professional rugby league player as an inducement to take up a player s contract with the Brisbane Broncos rugby league team. | |
| A $150 cash bonus received by a shop assistant from her employer at Christmas time. | |
| A $2 million lease incentive received by a legal firm as an inducement to take up office space in a new high-rise building in Brisbane. | |
| Free airline travel received by employees due to employer-paid expenditure under a frequent flyer program. | |
| All of the listed receipts will be treated as a kind of assessable income. |
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Microsoft Excel For Accounting The First Course
Authors: L Murphy Smith, Katherine Smith
1st Edition
0130085529, 978-0130085528
