Sandeshs wife, Rani, is an employee of Bendigo University. Rani is provided with 10 gift...

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Accounting

Sandeshs wife, Rani, is an employee of Bendigo University. Rani is provided with 10 gift vouchers worth $50 each as an end of financial year gift. The gift vouchers are for use at the IGA supermarket in Bendigo. Required B: (7.5 marks) Advise Rani of the tax consequences of this transaction. In your response give reasons and refer to sections of legislation and cases, where relevant

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