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Abdul Jabbar works as a mechanical engineer at Fujairah Engineering. His employer has provided him the following taxable employment benefits during the tax year 2018/19:
Abdul Jabbar works as a mechanical engineer at Fujairah Engineering. His employer has provided him the following taxable employment benefits during the tax year 2018/19:
Fujairah Engineering plc provided Abdul Jabbar fuel for private use during this same tax year 2018/19. Abdul Jabbar has contributed 500 towards fuel benefit.
Required:
Compute the amount of taxable benefit
Abdul Jabbar works as a mechanical engineer at Fujairah Engineering. His employer has provided him the following taxable employment benefits during the tax year 2018/19:
On 6 April 2018 through 5 April 2019, Fujairah Engineering provided Abdul Jabbar a new petrol car that has CO2 emissions of 105 g/km. Car had list price of 34,000 but Fujairah Engineering negotiated successfully for a discount and paid only 32,000 to the dealer.
Required:
Compute the amount of taxable benefit
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