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15 polls Question 17 From 10 April 2019, Mr. Thabo was a registered tax vendor. Mr. Thabo grands his employer Mr Kennedy to use his
15 polls Question 17 From 10 April 2019, Mr. Thabo was a registered tax vendor. Mr. Thabo grands his employer Mr Kennedy to use his vehicle for personal use. Mr Thabo was unable to claim the input tax when this car was bought. The car was purchased at R 700 000.00, VAT inclusive. The vehicle is used for the supply of taxable services for only at 80%. The employee bears the full cost of maintaining the vehicle. Calculate the output tax for eleven months in respect of the fringe benefit. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I US Paragraph Arial 10pt HI
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