What is Belinda total assessable income

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Question - Belinda is employed as an engineer in Wellington, New Zealand. The following information relates to the income year ended 31 March 2020:

Belinda's total gross salary received was $152,000.

Belinda also received a $2,500 bonus for exceeding performance expectations during the prior income year. The bonus was credited to her bank account on 31 May 2019.

On 11 May 2020, Belinda received a gross dividend of $12,000 from an investment in an NZX-listed company, after the company announced its results for its financial year ended 31 December 2019.

What is Belinda's total assessable income for the income year ended 31 March 2020?

A. $152,000.

B. $154,500.

C. $164,000.

D. $166,500.

Reference no: EM132675637

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