Benedict, a Singaporean, is an employee of Better Pte Ltd. During the year, he received the following employment benefits.

(i) Salary & Bonus $80,000 (ii) CPF contribution (voluntary portion) $3,000 (iii) Medical & Dental allowances (in cash) $5,000 (iv) Club Individual membership - subscription fees* $8,000 (v) Interest subsidized on loan from ABC Bank $4,000 (vi) Non-cash long service award $500 (vii) Medical Insurance premium paid (group medical insurance) $1000

(viii) CPF minimum sum top up $2000

*This was used wholly for entertaining clients.

Which of the above are NOT taxable?

a. (iv) & (vii) only b. (v), (vi) & (vii) only c. (iv), (v), (vi) & (vii) only

d. (iii), (iv), (v) & (vii) only