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Roger works for a company in Ontario who provides him with an employer-owned vehicle available to him 360 days in the year. In 2019 he
Roger works for a company in Ontario who provides him with an employer-owned vehicle available to him 360 days in the year. In 2019 he drove the vehicle 90,000km of which 40,000km was for business use. The vehicle cost $66,000 + $8,580HST. Show all your work to answer the following:
o 1. Determine the Standby charge benefit
o 2. Determine the Operating cost benefit
o 3 What is the total automobile $ benefit for Terry?
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