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Jackson Brown is an Australian resident and works full-time as a manager of a retail company....

Jackson Brown is an Australian resident and works full-time as a manager of a retail company. His annual salary is $95,000. For the year ended 30 June 2018, he instructed his employer to pay him only $86,000 and to pay the balance of $9,000 in September 2018. What is his assessable income for the year ending 30 June 2018? Why?

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Ans : Jackson Brown is an Australian resident and works full time as a manager of a retail company. Any income he earned during the year is his assessable income.

His annual salary $ 95,000 is his assessable income for the year ended 30th June 2018.

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