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7. Johnathan was also provided with an employer-owned automobile. The vehicle was available to him throughout the year. He drove the vehicle 30,000 kilometers this
7. Johnathan was also provided with an employer-owned automobile. The vehicle was available to him throughout the year. He drove the vehicle 30,000 kilometers this year, 3000kilometres of which were for employment purposes. The vehicle was purchased in 2016 for $50000, plus $6500 HST. His employer also pays for all of the vehicle operating costs, which totaled $16,000 this year.
what is operating benefit ? and stand by charge ?
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