Per-kilometre allowances made by an employer to an employee for the use of their automobile...
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Perkilometre allowances made by an employer to an employee for the use of their automobile for employment purposes can always be deducted by the employer, in full, in the determination of business income. Question content area bottom Part A False ITR together with ITAr limits the amount that can be deducted by the employer in to $ for the first comma kilometres and $ for amounts in excess of comma kilometres. B False ITR together with ITAr limits the amount that can be deducted by the employer in to $ for the first comma kilometres and $ for amounts in excess of comma kilometres. C True all automobile use for employment purposes can be deducted for the determination of business income. D False ITR together with ITAr limits the amount that can be deducted by the employer in to $ for the first comma kilometres and $ for amounts in excess of comma kilometres.
Perkilometre allowances made by an employer to an employee for the use of their automobile for employment purposes can always be deducted by the employer, in full, in the determination of business income.
Question content area bottom
Part
A
False ITR together with ITAr limits the amount that can be deducted by the employer in to $ for the first comma kilometres and $ for amounts in excess of comma kilometres.
B
False ITR together with ITAr limits the amount that can be deducted by the employer in to $ for the first comma kilometres and $ for amounts in excess of comma kilometres.
C
True all automobile use for employment purposes can be deducted for the determination of business income.
D
False ITR together with ITAr limits the amount that can be deducted by the employer in to $ for the first comma kilometres and $ for amounts in excess of comma kilometres.
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