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Question 5 Gumdrops Ltd, a GST registered person, provides the following benefits to its employees in the quarter ended 31 March 2020: A motor vehicle

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Question 5 Gumdrops Ltd, a GST registered person, provides the following benefits to its employees in the quarter ended 31 March 2020: A motor vehicle which cost $30,000 (GST inclusive) is made available for Tom's private use. The car was not available for Tom's use for 1 day when it was getting repaired and serviced. Tom also drove the car for a business trip for 2 days. Contributions of $2,600 made to Dicks death benefit fund. An interest-free loan of $30,000 to Harry. Contribution of $1,500 made to Mary to help subsidise her holiday trip to Paris. What is the taxable value of fringe benefits and the GST on fringe benefits provide the by Gumdrops Ltd for the quarter ended 31 March 2020

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