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John paid $1,000 in telephone bills during the 2018/19 FBT year. He uses his phone approximately 50% for business use. His employer reimbursed him $800

John paid $1,000 in telephone bills during the 2018/19 FBT year. He uses his phone approximately 50% for business use. His employer reimbursed him $800 for business calls on the basis that it was his estimated business use. Identify the type of fringe benefit and the taxable value of the benefit.

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