assignment, Taxation

Assignment Help:
hi i need solution of following assignment right now
Jordan and Cameron are a married couple. Jordan works in IT and earns $180 000 p.a. The company he works for also pays for his family’s private medical insurance, $4 000 p.a. and provides him with a car for private use which is estimated to be worth $20 000 p.a. He works from home and only occasionally goes in to the company office in the city. Cameron works as a marketing executive and earns $120 000 p.a.

They have two children (both living at home) – Miranda, aged 22, undertaking graduate studies at university as a full fee paying student and also working on a casual basis earning $300 per week; Cate, aged 18, undertaking a HECS supported undergraduate degree full time, is not working but is financially supported by her parents.

Jordan and Cameron have accumulated share and property portfolios and seek advice from you in respect of calculating their tax liabilities. They have not taken any interest in their financial affairs to date but want to take a more active role in this now.

The couple provides the following information:


Related Discussions:- assignment

Capital gains tax, Critically evaluate overseas experiences with this form....

Critically evaluate overseas experiences with this form.

Sales tax, I got confused with the numbers on these parts: 1. "The $3,600 o...

I got confused with the numbers on these parts: 1. "The $3,600 of property taxes for the house in Orlando were prorated with $1,950 being apportioned to the seller and $1,650 being

Advanced tax, The Madison Restaurant was formed a S corporation at the end ...

The Madison Restaurant was formed a S corporation at the end of last year. Bob Buron, owns 60% of the stock, manages the restaurant. Ray Huges owns the remaining 40%

1040 problem, Amy R. and David T. Smith are married and live at 123 Main St...

Amy R. and David T. Smith are married and live at 123 Main Street, Stafford, VA 22554. Dave is self-employed as a web developer and Amy is a commercial refrigeration sales represen

Explain the motivations behind debt covenants, Explain the motivations behi...

Explain the motivations behind debt covenants: You are engineering a Leveraged-Buy-Out (LBO) of ACME Industries, an industrial bottle maker. After the LBO, the firm will be fina

Determine the maximum cca , Lambda Ventures, an unincorporated business, ha...

Lambda Ventures, an unincorporated business, has a class 10 UCC balance on January 1, 2010 of $453,000.During 2010, it acquires additional Class 10 assets at a cost of $63,200.Also

Evaluate the accuracy of federal tax, A1 Evaluate the accuracy of the term ...

A1 Evaluate the accuracy of the term "New South" in describing the post-Civil War South, and discuss ways in which the term was and was not appropriate. A2 What was the Indian "

Homework help, Hello I need some help with a tax return assignment

Hello I need some help with a tax return assignment

Recognition of deferred tax liabilities, What is the amount of tax expense?...

What is the amount of tax expense? Describe the controversy with respect to the recognition of deferred tax liabilities?

Wct, How to raise an invoice with WCT for Civil construction job

How to raise an invoice with WCT for Civil construction job

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd