Which of the following statements are incorrect?

i.All cars provided to employees give rise to a FBT liability.

ii.Payments of professional memberships by an employer on behalf of an employee do not trigger the payment of FBT.

iii.Payment of employer superannuation contributions to a complying superannuation fund under the Superannuation Guarantee Schemetrigger the payment of FBT on the value of contributions.

iv.Allowances paid to an employee in respect of employment are not a fringe benefit.

Group of answer choices

1 and 2

1 and 4

3 and 4

1 and 3

2 and 4