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The following aggregate fringe benefit taxable values were recorded for an employee this year prior to any adjustments: Fringe benefit type Aggregate taxable value (external)
The following aggregate fringe benefit taxable values were recorded for an employee this year prior to any adjustments:
Fringe benefit type | Aggregate taxable value (external) $ | Aggregate taxable value (in-house) $ |
Type 1 | 10,000 | 500 |
Type 2 | 3,000 | 0 |
What is the employer's FBT liability in respect of this employee?
Group of answer choices
$12,962
$11,948
$12,710
$12,437
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