HI6028 Australian Income Tax System Assignment Sample
- Subject Code : HI6028
- University : Holmes Institute My Assignment Services is not sponsored or endorsed by this college or university.
- Subject Name: Taxation Theory, Practice & Law
Taxation Theory, Practice and Law - Solution Week 6
A Fringe Benefit is a form of pay for the performance of services. If the employee receives taxable fringe benefits from the employer then they should be included in the salary in the year in which benefit is received.
In this question, Mason course fees was borne by his employer. Education benefit is allowable only up to $5250 per year. Here Mason has received benefit of $12000. Hence …
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