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How is the value of the benefit classified

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Reference no: EM132821764

Problem 1: Joey is a travel agent and receives a car parking fringe benefit from his employer. How is the value of this benefit classified?

Option 1: Income according to ordinary concepts
Option 2: Statutory income
Option 3: Exempt income
Option 4: Non-assessable non-exempt income
Option 5: None of the above.

Reference no: EM132821764

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