Accountancy, asked by yoyomsd8976, 9 months ago

Jack retired and is 58 years of age when he receives a superannuation lump sum of $580,000 which comprised of a tax free component of $100,000 and the remainder was from a taxable component of the fund. Assume that the fund is a taxed fund. What tax if any is jack liable for

Answers

Answered by hiteshvskp1

0

Answer:

with free tax component 680,000

Previous Question

Next Question

Similar questions

French, 5 months ago

Does anyone know how to describe a friend, your home, your freetime and what you are doing this summer/what you did last weekend? I would appreciate the help. Thanks! ;) in french ⚠️...

Political Science, 5 months ago

EdivaDerm Cream Serious Natual skin care is the brainchild of Jennifer Flavin-Stallone, an ex-model and the wife...

Social Sciences, 5 months ago

The health and social care practitioner has a responsibility to meet the needs of all service users. Explain why the title is relevant to service users within health and social care setting...

Music, 9 months ago

Is the traditional music of a country more important than its contemporary music? Write your views in about 5060 words?

English, 9 months ago

Kimberly is irritated that julia left and borrowed her sweater without asking. Kimberly then plays the stereo loudly when julia is trying to talk on the phone. This is an example of __________.

Chemistry, 1 year ago

Ethanol in the presence of sulphuric acid What is the reaction...

Math, 1 year ago

Sunita got a job with a salary of rs 10000 she will get increment of rs 100 per month what will be her salary after 20 months...

Biology, 1 year ago

How many molecule are produced per hexose molecule in respiration?