Question
During the quarter ending 30 September 2018, Jane had one of her employer's motor vehicles available for private use. The vehicle cost $75,000 (GST-inclusive). During
During the quarter ending 30 September 2018, Jane had one of her employer's motor vehicles available for private use. The vehicle cost $75,000 (GST-inclusive). During the quarter, the vehicle was in theworkshopbeing repaired for 20 days, was used to make emergency calls on 10 days, and was taken away on a selling trip for 15 days. Jane's employer uses the cost price basis to calculate Fringe Benefit Tax on the vehicle. The taxable value of the private use of the motor vehicle for the quarter ending 30 September 2018 is:
Select one:
a.$1588.13
b.$1,958.33
c.$2,362.54
d.$902.78
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