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book Assignme on 8 2 ed Quizna out of 2 uestion On 1 April 2019, Penny was employed as an accountant at PayPl Ltd. Her

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book Assignme on 8 2 ed Quizna out of 2 uestion On 1 April 2019, Penny was employed as an accountant at PayPl Ltd. Her salary package includes reimbursement of her home telephone account During the 2020 FBT year, the total cost was $8098. Penny would have been entitled to claim a deduction of 25% under the Tax Acts. PayPI Ltd is entitled to claim an input tax credit for GST purposes. Required: Calculate the Fringe Benefits Tax that PayPl Pty Ltd is liable to pay on this fringe benefit for the 2020 FBT year. Only enter numbers & round to the nearest dollar Finis Tim

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