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3. An employer provided an owned car to his employee for a year(12 months-320 days) as part of benefits. The car costed $35000 and was

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3. An employer provided an owned car to his employee for a year(12 months-320 days) as part of benefits. The car costed $35000 and was driven 32000 kilometres where 16000 of the kilometres were dedicated to personal use. Calculate the total taxable benefits. [4 marks] 3. An employer provided an owned car to his employee for a year(12 months-320 days) as part of benefits. The car costed $35000 and was driven 32000 kilometres where 16000 of the kilometres were dedicated to personal use. Calculate the total taxable benefits. [4 marks]

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