Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. user scott uses company car since 1st april 2022.

User scott uses company car since 1st april 2022. the car value as 78000,...

90.2K

Verified Solution

Question

Accounting

User
scott uses company car since 1st april 2022. the car value as 78000, takes the car home and keeps the car. for 2023 fringe benefit year, the log book indicated that 30000 travelled and 22500 was work related travel . expenses were fuel 4000, registration 1000, insurance 2000, repairs 3000, parking fine 500. calculate the fringe benefit taxable value as at 30th june 2023. using both operating cost and statutory method

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Physics
1.2K views

In the given figure the energy levels of hydrogen atom have been shown along with...

Accounting
1.2K views

home / study / business / accounting / accounting questions andanswers / amanda monaco...

Programming
1.2K views

what resources are used when LWP is created and how do they differ when  HWP is created?

Civil Engineering
1.2K views

Topic: Self-Compacting Concrete 1)Submit a preliminary abstract that should consist of more than 150 words 2)Introduction ( this...

Physics
1.2K views

Light emitting diodes, lasers 1. Describe what physical property of a semiconductor will deem it good or...

Physics
1.2K views

124 A convex a concave lens are brought in close contact along their optical axes...

Algebra
1.2K views

Find the required annual interest rate for 5000 to grow to 8400 if interest is...

Accounting
1.2K views

An oil engine manufacturer purchases lubricants at the rate of $ 42 per piece from...

Accounting
1.2K views

ch 10 20 points Skipped ebook The bank statement for the checking account of Management...

Accounting
1.2K views

Physically locking up assets and electronically securing other assets and information is required by the...

Accounting
1.2K views

Indicate whether the following statement is true or false, then support your view. Companies record...

Finance
1.2K views

I. Consider the following three government bonds: Bond Bond Price Coupon Rate Maturity X $1,034.98...