Question: QUESTION 8.1 (Professional and other income of an artist) Sam Journeyman derives income as a professional beac

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Question Question 8 1 Professional And Other Income Of An Artist Sam Journeyman Derives Income As A Professional Beac 1 (170.1 KiB) Viewed 10 times

Question: QUESTION 8.1 (Professional and other income of an artist) Sam Journeyman derives income as a professional beach dodge ball player. During the 2019/20 tax year, Sam received the following amounts: Tournament Prizemoney from dodge ball $ 85,000 12,000 Appearance fees from dodge ball tournaments Cash sponsorship from Aussiebum 60,000 Jetski provided by Aussiebum as a benefit 8,000 3,700 Interest from bank account comprising savings from Prizemoney Directors fees from Dodgeball Australia 14,500 Car provided by Dodgeball Australia as a benefit 7,200 Calculate Sam's taxable professional income for the 2019/20 tax year. Calculate Sam's other taxable income for the 2019/20 tax year.