What are the 3 classes of capital gains tax assets? What...

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Income Tax Fundamentals 2019
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Chapter 3 / Exercise LO3.3
Income Tax Fundamentals 2019
Whittenburg/Gill
Expert Verified
FNSACC 502 Prepare Tax Documentation for Individual 1. What are the 3 classes of capital gains tax assets? What sort of assets are subject to CGT rules?
2. What is an assessable dividend? How does it relate to a person’s taxable income?
3. What payments are classified as rental income?
4. What type of lump sum payment is not an assessable amount?
5. Is GST included or excluded when deducting a work-related expense? Why / why not?
We have textbook solutions for you!
The document you are viewing contains questions related to this textbook.
Income Tax Fundamentals 2019
The document you are viewing contains questions related to this textbook.
Chapter 3 / Exercise LO3.3
Income Tax Fundamentals 2019
Whittenburg/Gill
Expert Verified
you do not receive a bill or invoice but you are charged and you pay for the expense. 6. What is the minimum amount of work expenses that can be deducted before written evidence is compulsory?

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