Answer to Question #75654 in Other Management for ibn

Question #75654
Sandy is a professional air hostess who has been recently employed with International Airlines Limited. She receive the following upon the commencement of her position in March 2016. - Salary R500 000 - Employer paid for all transfers and relocation costs plus 3 months accommodation. R80 000 - Full scholarship for an MBA with UCT. R40 000 - A monthly uniform allowance of R500 for the specialised uniform. Required: Discuss in terms of the “definition of Gross Income” and any special inclusion if the scenarios above relate to Gross Income. Consider the effects of any exemptions if applicable.
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