Advise as to the assessability of the 5000 in the hands of


Donna is a 18 years old and a full-time student. she is saving for an oversea holiday and works part time at a major department store. Two months before her planned trip she finds that she still needs $5000. her father agrees to employee her for 5 afternoons per week for 8 weeks as an office assistant in his busy accounting practice. She works 3 hrs per day. In total, her father pays her $5000 for this work. Other office assistant in the firm earn $23 per hr.

Advise as to the assessability of the $5000 in the hands of doona and the deductibility of the amount foe her father.

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Business Management: Advise as to the assessability of the 5000 in the hands of
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