On 1 April 2020, Aron received a restored car from his employer Telcom Pty Ltd, as part of his salary and the car cost $15,000.00. He paid $1000 per month for the running costs. During the FBT year ended 31 March 2021, it had run 14,000 km, of which half were for business.

Explain and calculate the tax consequences of this arrangement, with appropriate references to the relevant law.