Question
ABC Computers reimburses the telephone expenses ($120 per month), for each month of the FBT year ended 31 March 2023, of an employee. The employee
ABC Computers reimburses the telephone expenses ($120 per month), for each month of the FBT year ended 31 March 2023, of an employee. The employee has kept records showing that 70% of her telephone expenses relate to work calls. What is the taxable of this expense payment fringe benefit provided by ABC Computers?
a.$1,008
b.$432
c.$0
d.$1,440
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Accounting A Level And AS Level
Authors: Harold Randall
1st Edition
0521539935, 978-0521539937
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