The writer is very fast, professional and responded to the review request fast also. Thank you.
Book/movie review
22/08/2022
Mary Joseph is well-known fashion designer, who was born and lived in the UK. On 1 September 2017, she arrived in Australia on an unrestricted work permit to take up a job with Lifestyle Pty Ltd for a period of ten years. As an incentive to join this company, Lifestyle Pty Ltd provided her with a stopover in Singapore where she caught up with some old friends. The cost of the stopover was $2,500. She also received an upfront payment of $200,000 to compensate her for giving up her independent status, but would have to repay the amount if she resigned from her employment in less than four years. For the year ended 30 June 2018, Mary received $150,000 by way of salary. As part of the company’s bonus plan, she also received $30,000. However, while she was notified of the bonus on 30 June 2018, it was not paid to her until 10 July 2018. Upon her departure from UK on 1 September 2017, Mary let her house in London at £3,000 per month. On 3 July 2018, Mary received a notice from her agent that rent received on her behalf up to 30 June 2018 amounted to £36,000 (of which £3,000 related to the month of July). A statement of account from her UK bank indicated interest deposited in her bank account was £3,600, of which £800 related to the period from 1 September 2017 to 30 June 2018 REQUIRED Advise Mary on what amounts may be included in her Australian taxable income for the 2017/18 tax year.
The writer is very fast, professional and responded to the review request fast also. Thank you.
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