Divanee is a Neurosurgeon at the local hospital. However, the long hours have been very draining, and
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Question:
Divanee is a Neurosurgeon at the local hospital. However, the long hours have been very draining, and she has decided to take a leave of absence from the hospital and pursue her interest in blending coffee beans to find the perfect taste. She has incurred the following expenses:
- Payment of $5,000 to the Australian Society of Neurosurgeons (Divanee has decided to maintain her membership during her leave of absence in case she decides to go back to work as a surgeon);
- Donation of $500 to Medecins Sans Frontières (a registered Deductible Gift Recipient);
- Donation of $1,000 to her local neighborhood community house (a registered Deductible Gift Recipient). All donors are permitted to book the function room in the house for free up to 3 times per year. The normal booking fee would be $250;
- She paid $500 for Newspapers that covered some health-related information; and
- Travel cost $2,500 to attend a global conference in London.
Advise Divanee as to her income tax consequences arising out of the above information.
PLEASE ANSWER WITH AUSTRALIAN TAX CONTEXT WITH ACT REFERENCES
Related Book For
Mathematical Applications for the Management Life and Social Sciences
ISBN: 978-1305108042
11th edition
Authors: Ronald J. Harshbarger, James J. Reynolds
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