Errol provides his employee with the use of a car for 183 days during the FBT year. During this period the travelled 16000 km. Errol purchased the car last year for $50,000. The employee contributed $1000 towards the cost of running the car and has provided Errol with relevant documentation. Requirement: Calculate the taxable value of the car fringe benefit using the statutory formula.
https://essaysprompt.com/wp-content/uploads/2020/10/19-2.png 0 0 https://essaysprompt.com/wp-content/uploads/2020/10/19-2.png 2021-09-08 21:05:442021-09-08 21:05:44Errol provides his employee with the use of a car for 183 days during the FBT ye
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