Assessable income=ordinary income + statutory income. Ordinary income: income deriving from the courts (s6-5) Negative propositions: items that are not income by ordinary concepts: 1.Amounts not convertible into money :In Tennant v Smith (1892) free accommodation provided to a bank manager was held not to be ordinary income because building could not be sub-let and the benefit thereby converted to money. In FCT v Cooke & Sherden (1980) an incentive prize offered by a manufacturer was not income
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Evaluate the role of different agencies in improving the attendance of children and young people in statutory education. Under the Education Act 1996‚ the Council has a statutory duty to ensure children and young people receive fulltime‚ efficient education‚ which is suitable to the age‚ and ability and any special needs they may have. This is usually through attendance at school. The Education Welfare Service (EWS) is one agency which takes the lead role for the Council in supporting school attendance
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Americans Hurt Due to Negligence “No Text On Board‚ It Can Wait” is a slogan from an advertisement that AT&T sponsored‚ and it makes a claim saying if drivers just wait to take their calls and wait to text back‚ then many lives would be spared each year. In America we see everyday someone in their vehicle talking on the phone or texting. This has become an epidemic since‚ more and more people have suffered from others not paying attention to the road. Distracted driving activities like
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Physical resources and capabilities 1. Changi Airport Government and SIA had invested in the Changi Airport together. It includes facilities such as hangar‚ maintenance center‚ and catering center‚ those facilities can be used by SIA‚ but also the customers of other airline company. So those services in Changi airport are not unique for SIA. Airport service is valuable and important for SIA or other airlines company. Low unique and high valuable‚ then it is not SCAs. 2. Planes: SIA have 22%
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with disabilities through either by birth‚ old age or the above reason‚ but are there enough employment policies to protect them and what are the employments issues are they facing? About 5% of the population or 100‚000 people in Singapore have disabilities (Singapore Press Holdings 2012). People with disabilities (PWDs) have needs which are not very different from those of other able-bodied persons. Some of them can lead normal lives with certain adjustments which others may need a higher level
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POPULATION POLICIES: SINGAPORE After Independence in 1965‚ the population of the country was growing at a rate that would seriously threaten the success of Singapore. The Government introduced the "Stop at two" policy to help control the rapid population growth. It was introduced in 1969. The policy had a very successful response; in fact‚ it was so successful that the population started to decline. Couples saw the benefits in having a smaller family‚ such as more money‚ higher quality of life and
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Law Assignment Statutory Interpretation Anthony Thompson-North Statutory interpretation is the process of interpreting and applying legislation. Some amount of interpretation is always necessary when a case involves a statute. Sometimes the words of a statute have a plain and straightforward meaning. But in most cases‚ there is some ambiguity or vagueness in the words of the statute that must be resolved by the judge. To find the meanings of statutes
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2007 was strong economic growth for the global economy. This was due to tight global refining capacity and continued strong demand for energy to fuel economic growth especially from China‚ India‚ the Middle East and Russia. Singapore Petroleum Co Ltd (SPC) is a Singapore-based company. The principal activities of the Company consist of exploring‚ developing and producing oil and gas‚ petroleum refining‚ marketing‚ distribution and trading of crude oil and petroleum products and the provision of
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Discussion Board #1 Answer the following questions in the Discussion Board after reading chapter 1 & 2. 1. Is it possible for an economy to be based entirely on services? I think so. It is possible for an economy to base itself solely on services and importing manufactured materials or raw materials from other countries. However‚ in real life‚ it is more "service dominant" than "service monopoly". 2. What is the value of self-service in an economy? It can reduce labor costs. For example
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15th 1942‚ at the Ford Factory in Singapore‚ is considered to be one of the greatest defeats in history for Britain during World War Two. Due to Singapore’s strategic position‚ the attack had a massive affect on Australia’s immediate security‚ as it was now possible for the Japanese to move down from Singapore into Australia. Also more than 100‚000 troops became prisoners of war‚ affecting many of the family’s back home. The strategic importance of Singapore Singapore was considered the fortress for
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