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7 Cards in this Set

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Payne v Federal Commissioner of Taxation (1996) 66 FCR 299
Frequent flyer points are not assessable income.
Tennant v Smith [1892] AC 150
Value of accommodation paid by an employer on behalf of an employee does not constitute assessable income for the employee.
Brent v Federal Commissioner of Taxation (1971) 125 CLR 418
Main Point: The transfer of information by means of oral transmission is an activity that is likely to generate assessable income.
Calvert v Wainwright (1947) 27 TC 475
Tips amount to assessable income.
Kelly v Federal Commissioner of Taxation (1985) 80 FLR 155
Prize money awarded to a football player from a third party will be assessable income provided there is a nexus (i.e. connection) with employment as a football player.
Higgs (Inspector of Taxes) v Olivier [1951] 1 Ch 899
Payment not to work is not assessable income.
Dibarr Pty Ltd v Federal Commissioner of Taxation (2004) 57 ATR 1183
Case illustrates the application of the ‘results test’ for the purposes of establishing whether a ‘personal services business’ exists.