Question
1. Sharukh Gill works for Creative Landscaping in Yukon and is provided with a companyleased automobile. The automobile was in Sharukhs possession for 365 days.
1. Sharukh Gill works for Creative Landscaping in Yukon and is provided with a companyleased automobile. The automobile was in Sharukhs possession for 365 days. Of the 34,134 kilometers driven, 15,805 kilometers were for business purposes. The monthly lease cost of the vehicle was $198.60, excluding the GST calculated at 5%. Sharukh requested in writing that Creative Landscaping use the optional operating cost method if all the conditions apply. She did not reimburse the company for any of the expenses associated with the automobile. Calculate Sharukhs annual automobile taxable benefit.
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