What amount does clare need to declare as assessable income


Question: Clare works full-time as a financial planner at 'Finance4U', a large firm based in Perth. During the current year, she received a gross salary of $85,000 and her employer remitted $15,000 in pay-as-you-go to the Australian Taxation Office. Based on the above facts and relevant tax laws, what amount does Clare need to declare as assessable income in the CY? (select the best answer) $100,000 $70,000 $85,000

 

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Accounting Basics: What amount does clare need to declare as assessable income
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