Answer to Question #75654 in Other Management for ibn
- 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.
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.
Need a fast expert's response?Submit order
and get a quick answer at the best price
for any assignment or question with DETAILED EXPLANATIONS!