Logan Coy is the founder and director of media and entertainment outlet Waistnotime Limited, where...
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Logan Coy is the founder and director of media and entertainment outlet Waistnotime Limited, where he holds of the companys shares. The rest of the companys shares are divided equally among Logans four children, Connor, Kendall, Roman, and Shiv. All children, except Connor, are also the companys employees. In Waistnotime Limited purchased: a new Land Rover, which was available to Shivs husband Tom. Tom is employed by CoyCoy Limited a wholly owned subsidiary of Waistnotime Limited; and a $ worth treadmill for Logans cardio workouts. Is the provision of the Land Rover to Tom a fringe bene t or a dividend? E
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