Fringe benefit tax (FBT)

Question 4 (10 marks) William is James' employer. William paid the following payments on behalf of James. Item Payment by William Tax deduction had James paid 300 200 Computer part 300 University fees 450 HELP charges 850 Taxi fares 3 00 NI 100 Required: Calculate is the taxable value for FBT purposes of the following payments. You must refer to relevant legislation and/or case law in your