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Question 1 Not yet answered Marked out of P Flag question Stanley is well respected by his Boss, who invites him to join a position

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Question 1 Not yet answered Marked out of P Flag question Stanley is well respected by his Boss, who invites him to join a position in the Senior Management Team of XYZ Pty Ltd. As part of his new employment package, he will receive $100,000 salary and they also agree that an amount of $50,000 which he owed the company will be waived. This arrangement comes into effect on 1st April 2019 Required: (a) Identify any Fringe Benefits that Stanley has received. (b) Calculate the Fringe Benefit Tax that is applicable and explain who is liable to pay that tax. A BIELE Nad page

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