Tax Fundamentals – Assessable Income

$198.00 AUD Inc. GST

Upon completion of this training, participants should be able to understand:

  • the components of assessable income, including the difference between ordinary, statutory, exempt and non-assessable non-exempt income;
  • criteria for determining whether a receipt is income or capital;
  • the time at which income is derived;
  • income assessable to residents and non-residents; and
  • the source of income.