Sam is an accountant and has paid his annual membership fees of $850 with CPA Australia. Is the payment of this $850 fee likely to be incidental and relevant to Sam's work as an accountant?
A) No, the payment of such fees would not be incidental and relevant
B) Yes the payment of such fees would be incidental and relevant
C) Only part of the membership fee will be deductible
D) No amount of the fees would be deductible as it would be an expense that is capital in nature
Correct Answer:
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