Liz is engineer who works at a firm of consulting engineers in Sydney, Named ABC Partners. Liz started working with ABC on 1 july 2018. ABC provided her with an attractive remuneration package made up of the following items:

Salary of $250000(including super)

Payment of Liz's course fees for a Master of management Degree at the University

Laptop worth $2500 so Liz can work away from the office

Liz resigns from her job at ABC on 12 May 2021. Liz the enters into an agreement with ABC that in return for a payment of $260000, she will not workas a engineer for period of 18 months after her resignation

Liz is a beneficiary of the Smith Family Trust. she received a distribution of 75000 from the Trust on 25 june 2021. her 11 year old son Keith also received a distribution of $5000 on the same date.

Question:

Using releveant Legislation or case law Please answer following questions

A. Advise ABC about ot's Fringe Benefits Tax liability because of the remuneration package provided to Liz for the FBT year ending 31 March 2021

B: Advise Liz about the income tax consequences of her remuneration package from ABC

C:Advise Liz about the income tax consequences of recelving the $260000payment from ABC

D: Advise Liz about the income tax consequences of :

Liz receiving her distribution from the Trust and

Keith receiving a distribution from the Trust.