Multiple Choice
Which of the following would not involve an application of the otherwise deductible rule?
A) A loan provided by an employer to an employee at a lower rate than the notional interest rate where the loan is partly or wholly used for income producing purposes
B) The reimbursement of a telephone expense by an employer to an employee where the telephone was partly or wholly used for work related purposes
C) The payment by an employer to an employee of the employee's work related protective clothing expenses
D) The payment by an employer of an employee's children's school fees
Correct Answer:

Verified
Correct Answer:
Verified
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