Law 6001 Taxation Law Assessment Assessment 3: Case Study

Taxation LawStudent’s NameInstitution AffiliationCase Study OneYvonne Merrick is originally from Britain and has been working in Australia since 2009.She was out of Australia for nine months, during which she got income from odd jobs done at the UK. She was additionally on leave without pay. In the nine months, Merrick maintained her apartment in Brisbane as well as her Australian bank account. On coming back to Australia, Merrick worked for three months at her Australian job before leaving indefinitely for the UK in July 2018. She sold her furniture and leased her apartment. The following table explains Merrick’s income from her work in Australia and the UK as well as her deductions, interest on savings and dividends. 2017/2018Income UKIncome AustraliaSalary$ 25,000$ 15,000Deductions$ 3,000 (UK Tax)Bonus $ 12,000Interest$ 2,000Dividends$ 700TOTAL$ 3,000$ 34,000$17,7002018/2019Salary$ 70,000Deductions $ 7,000 (UK Tax)Interest $2,400Dividends$ 900Rental income$ 23,400TOTAL$ 63,000$ 26,700The principle legislation for tax in Australia is the Income Tax Assessment Act of 1936, the Income Tax Assessment Act of 1997 and the Fringe Benefits TAX Assessment Act of 1986 (McKerchar, 2007). The Australian Taxation Office further governs