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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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