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In May 2022, Mary was approached by ABC Ltd. The company was keen to employ her. ABC Ltd. gave Mary a package in return
In May 2022, Mary was approached by ABC Ltd. The company was keen to employ her. ABC Ltd. gave Mary a package in return for agreeing to join ABC Ltd. The package included paying Mary an allowance relating to the costs of her telephone and internet plans. The allowance is paid monthly, at a rate of $100 per month. Required: With reference to legislation, advise how this allowance should be treated for tax purposes.
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