Reference no: EM132778470
Destiny Childs is a 57 year-old, single, resident taxpayer. She has appointed you as her tax agent and provided you with the following information for the 2018/19 tax year:
Net Business Income $ 42,000
Gross Wages (no PAYG tax withheld) $ 10,000
Assessable portion of Net Capital Gain $ 33,000
Net Loss from Rental Property ($ 22,000)
Reportable fringe benefits $ 7,000
Destiny does not have any dependants and was NOT covered by private hospital health insurance.
REQUIRED:
Problem a) Who would you consult if you required advice and guidance to determine any income tax related issues?
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