Q: Company A was going to sell its business to Company B, who paid a $10,000 fee to secure the option to make the offer. If Company B decides not to buy, will this trigger a tax event?

Q: A doctor works for a company that supplies patients for him to visit. He's paid per patient, not hourly. To boost his earnings, his wife drives him around while he works. He wants to pay her a fair rate for this service.

Q: Brenda and Derek, Australian residents, sold their real estate investment in April 1997, which they bought in 1965 for $2 million. They split the proceeds equally and invested in shares on 11 November 1997:

Q: A person has a business partnership with a retirement fund (SMSF) where the fund owns some land and the person's company pays for developing it. The person gets an extra 1.5% fee on top of the development costs. The payment happens only after the project is done and the land is sold. The retirement fund will legally own the land. There's a rule saying that when the land is sold, the money will first go to any lenders, then other parties, then cover the costs and fees, and finally to the retirement fund. The question is: Should the retirement fund collect all the sale money and pay the appropriate taxes, while the person sends a bill to the retirement fund for their share?

Q: Can you deduct both an "early termination fee" and a "contract break cost" charged when paying off a car loan used mainly for work purposes claimed under a logbook method of 90% work use?

Question: Jeff, who lives in Australia, earns $45,000 a year. How much money can he get back from the government through the low and middle income tax offset?