Andrew is employed by AGM Cars as a salesperson, and he received the following benefits in the 2022/23 FBT year:

Car

On 1 April 2022 Andrews employer purchased a car that cost $50,000 and provided it to Andrew for his use. Andrew is allowed to take the car home at the end of each work day and there is no restriction on his use of the car for private purposes. Andrew contributes $60 per month towards the car expenses. Andrew determines that from when he started using the car on 1 April 2022 until 31 March 2023 the total kilometres travelled were 40,000 km (20,000 km of these were for business travel).

AGM Cars incurred the following expenses in relation to the car in the 2022/23 FBT year:

Petrol and oil $3,000

Registration $1,000

Insurance $700

School fees

Andrews two children are enrolled at Scotch College, and the total fees of $20,000 per year ($10,000 per child) are paid by Andrews employer during the 2022/23 FBT year.

Required

1. Calculate the Fringe Benefits Tax liability of Andrews employer in respect of these two benefits, assuming that they wish to legally pay the least amount of fringe benefits tax possible.

Determining the proportions of the benefits that classify as his fringe benefits

Dont need to use cases, use act ITAA 97/36 s

Assumption .

2. Calculate the reportable fringe benefit amount (if any) that will be included on Andrews 2022/23 payment summary.

Is anyone able to help ASAP please?