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 of the
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Li Social Theory Inequality: for Economic growth utilizing (Class‚ Gender‚ Education‚ Race) The similarities found within the theorists articles are primarily based on inequality. Various authors explain how it is reproduced and used for incentives. How that ties into the economic growth that can increase productivity through competition. Some of those sub-levels used to create those inequalities are: class‚ gender‚ race and education. The differences in inequality when race is applied
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Drawing on what you have learned about City Road‚ outline some of the inequalities on a street that you know. The purpose of this assignment is to outline some of the inequalities on a street that I know‚ namely Balham High Road‚ in order to draw comparisons to that on City Road. Balham High Road forms part of the A24 which runs from Clapham to Tooting‚ south west London. It appears a typical high street serving a local population of 21‚000 and provides a variety of retail options‚ banks and numerous
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Analytical Essay: "The Riddle of Inequality" The riddle of inequality‚ as Tillich explains‚ "...Cannot be solved." This inequality is the divider of people‚ of the have’s and have-nots. It seems that this riddle has confused people since the beginning of time and was even discussed in the bible. People always wonder why some have more than others do; they wonder why this happens and how it can change. I believe that this riddle is natural and cannot be changed despite he best efforts of people
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[Type the company name] 11 Inequalities of Health Sociology Gemma McCann Inequalities of health Gemma McCann Word count 1310 Within this assignment I am going to explore the sociological perspectives of Marxism and Functionalism and a brief view on interactionism in relation to health and inequalities in health. I will explore sociological explanations for these inequalities focusing on structural materialist‚ artefact‚ social selection and cultural explanations. “Health is a state
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Using the inequalities when working out your math problems you have to make sure that you are using the proper format of the problem. I will also be using equations that are equivalent to one another‚ along with compound inequality and showing the intervals of the problem and infinity of the problem. I will be using the terms inequality‚ equivalent‚ compound inequality‚ interval and infinity. I will be using the formula for Body Mass Index for the problems that I am working to solve and to calculate
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that are also a matter of public controversy (Eitzen and Bakka-Zinn). Poverty is an important social problem around the world and in the U.S. it is mostly due to income inequality. The textbook tells us that the government defines poverty as families living with income below a poverty line roughly equal to three times the cost of food. Income is distributed unequally in the United States with the richest 20% of families earning more than ten times as much as the lowest paid 20% of families. We can
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one agenda‚ one unit‚ and with it‚ emerges the concept of winners and losers. Globalization has increased the gap between rich and poor. As we form one world‚ the level of inequality rises‚ the strong nations get richer‚ and the weak nations get poorer. The retail business is revolutionizing due to globalization‚ yet inequality seems to be the intimidating factor that comes with it. Globalization is being driven by five major factors: customers‚ markets‚ technology‚ competition‚ and costs. The global
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The Slavery of the Income Tax Have you ever wondered if there was a better system of taxation than the one we currently have in the United States? The current United States tax code is not fair‚ it is difficult to understand‚ and places a chokehold over the economy. Is there a better system of taxation that could be implemented? The United States should implement a consumption tax to encourage growth in the economy‚ properly place incentives‚ encourage compliance‚ remove heavy tax burdens
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Importance of National Income Statistics There are several important uses of national income statistics and‚ therefore‚ there is great need for their regular preparation. National income estimates provide not only a single figure showing the national income‚ but also supply the detailed figures in regard to the various components of the national income. It is both the figure of national income and the details regarding its various constituents that throw light on the functioning and performance
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