James is a civil engineer. Stanley Pty Ltd hired James as an employee on $1$ August $2023.$ In coming to a remuneration agreement, Stanley Pty Ltd agreed to pay A$$100,000$ of James$$ salary package in Australian dollars, $11$ per cent super guarantee, the provision of a tablet computer $($A$$1,799)$ and safety boots $($A$$159)$ for on$-$site visits, with the balance to be paid in Bitcoin $($BTC$)$ as a once off payment on the $15$ June each year. The arrangement was entered into before James began performing services and therefore is an effective salary sacrifice arrangement. For the period $1$ August $2023$ to $30$ June $2024,$ James received the following:

Net wages:                                                                                 A$$62,987$

Superannuation $($paid into Industry Super Fund$)$:             A$$10,038$

Tablet Computer:                                                                      A$$1,799$

Safety Boots:                                                                              A$$159$

Bitcoin $(0\mathrm{.}2888$ BTC$)$:                                                                 A$$28,925$

In addition to the remuneration package described above, James received a one$-$off bonus of A$$12,000$ in his June $2024$ pay check, due to the successful year the business had. Stanley Pty Ltd have complied with their employer obligations with key reporting and payments finalized on time.

Question: Critically analyze the income tax and FBT consequences for James in respect of the benefits he received.