Brayden, a single taxpayer aged 29, derived gross wages of $72,340 during the period up to 31 October when he ceased residency. PAYG tax of $17,730 was withheld and he had no other income, deductions or private health insurance. Brayden also had reportable fringe benefits of $3,290.

Required:

1. Calculate Braydens net tax payable refundable.
2. Briefly explain what a reportable fringe benefit is.
3. Are reportable fringe benefits income?
4. Have reportable fringe benefits impacted Braydens net tax payable and why / why not?