Ben, a Singaporean, is an employee of Better Pte Ltd. During the year, he received...

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Accounting

Ben, a Singaporean, is an employee of Better Pte Ltd. During the year, he received the following employment benefits.
(i) Salary & Bonus $80,000(ii) CPF contribution (voluntary portion) $3,000(iii) Medical & Dental allowances (in cash) $5,000(iv) Club Individual membership subscription fees* $8,000(v) Interest subsidized on loan from ABC Bank $4,000(vi) Non-cash long service award $500(vii) Medical Insurance premium paid (group medical insurance) $1,000
(viii) CPF minimum sum top up $2,000
*This was used wholly for entertaining clients.
Which of the above are NOT taxable?
a.(iv) & (vii) only b.(v),(vi) & (vii) only c.(iv),(v),(vi) & (vii) only
d.(iii),(iv),(v) & (vii) only

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