Interactive Revision · Chapter 3
Chapter 3: Income from Personal Exertion, Employment, Gifts, Prizes and Benefits Click a square and type one letter. Select Check answers . Correct letters turn green with ✓; incorrect letters turn red with ✕. Change any red letter and check again. The answer key is on a separate page.
Across 5. Non-cash or other advantage potentially within statutory income.6. Authority illustrating employment-related payments replacing income.7. Ordinary remuneration for employment.8. Authority concerning employment compensation and character.13. Authority relevant to valuation and employment benefits.15. Award requiring inquiry into its connection with income-producing activity.16. Receipt that may be personal or income depending on its true nexus.18. Connection between receipt and employment or services.19. Employment earnings ordinarily assessable as ordinary income.20. Voluntary payment potentially connected with services.Down 1. Authority distinguishing personal gifts from income receipts.2. Exertion category involving labour or services.3. Authority on prizes connected with professional activity.4. Performance-linked remuneration.9. Characteristic relevant to ordinary income treatment of non-cash benefits.10. Relationship generating salary, wages and many statutory benefits.11. Restrictive payment may have capital character unless statute applies.12. Authority on payments connected with services or personal exertion.14. Additional employment reward requiring nexus analysis.17. Employer-provided benefit potentially dealt with under FBT rather than employee assessable income.Taxation Law in Australia • Interactive Revision • JUNIQ