QUESTION FOUR

$[10]$

Willie Jeep

On $1$ March $2020,$ Willie Jeep was granted the use of a motor car as a fringe benefit of his employment. It was purchased by his employer for R$345000($including value$-$added tax at $15\%).$

Willie Jeep travelled a total of $30000$ kilometres in it during the $2021$ year of assessment. Of these total kilometres, $18000$ kilometres were for business purposes $($evidenced by relevant details maintained in a logbook by him$).$

Willie Jeep paid

R$900$ for its licence,

R$10000$ for its insurance, and

R$9200$ for its maintenance $($it is not subject to a maintenance plan$).$

Willie Jeep actually incurred R$39000$ on fuel for his private travelling in the motor car.

REQUIRED:

$4\mathrm{.}1.$ Determine the amount that is included in Willie Jeep's $2021$ taxable income for this fringe benefit resulting from his employment.