Question
On the 1st of January 2021 Harry was granted use of a company vehicle, a brand new Ford Ranger which cost R376 000 VAT incl.
On the 1st of January 2021 Harry was granted use of a company vehicle, a brand new Ford Ranger which cost R376 000 VAT incl. The vehicle had a maintenance plan which covers the vehicle for the shorter of 3 years or 100 000 Kms. Harry travelled a total of 28 100 Kms of which 11 000 Kms were for business purposes. The allowable business deduction amounts to:
A. R10 303
B. R5152
C. R4784
D. R9567
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The Auditors Guide Of 1869 A Review And Computer Enhancement Of Recently Discovered Old Microfilm Of Americas First Book On Auditing By H J Mettenheimer
Authors: Peter L. McMickle, Paul H. Jensen
1st Edition
0367534622, 978-0367534622
