Debbie Gall, a resident taxpayer, operates an unlicensed cafe. Debbie lives with her husband Rick....
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Debbie Gall, a resident taxpayer, operates an unlicensed cafe. Debbie lives with her husband Rick. During the tax year, Debbie had the following transactions: Sales $ Purchases of Trading Stock $includes cakes and scones supplied by her husband Ricks caf for $ which had a market value of $ Stock July $; and June $ Other deductions $ Stock taken home $ Parking fine paid for stopping near customers building $ Total GST collected for the year $ total GST paid for the year $in addition to the above amounts. The amounts above do not include GST Using the above data, calculate Debbies taxable income
Debbie Gall, a resident taxpayer, operates an unlicensed cafe. Debbie lives with her
husband Rick.
During the tax year, Debbie had the following transactions:
Sales $
Purchases of Trading Stock $includes cakes and scones supplied by her
husband Ricks caf for $ which had a market value of $
Stock July $; and June $
Other deductions $
Stock taken home $
Parking fine paid for stopping near customers building $
Total GST collected for the year $ total GST paid for the year $in
addition to the above amounts. The amounts above do not include GST
Using the above data, calculate Debbies taxable income
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