Hi, please answer question according to Australian Taxation legislation:

Question:

Penny is a secretary in a law firm. Her salary package includes legal fees at a 60% discount to normal rates, a plasma television (valued at $5,000), wages of $32,000 and the payment of

$12,000 private school fees for her child. Explain whether these are fringe benefits and if so, discuss how the taxable value is calculated for each.

Thanks