ple choice questions A. 674 B. 842.5 C. 1053.125 D. None of the above options 2. Identify the correct statement. (i) For assets provided by employee for private use the taxable benefit is - higher of 20% of market value when first provided. (ii) If employer rents an asset and makes it available for the employee then, higher of 20% of the market value or rent paid by the employee A. Only (i) B. Only (ii) C. Both (i) and (ii) D. Both are incorrect