Answered step by step
Verified Expert Solution
Question
1 Approved Answer
TO 100 110 120 130 142 13 points Save Answer uestion 17 From 10 April 2019, Mr. Thabo was a registered tax vendor. Mr. Thabo
TO 100 110 120 130 142 13 points Save Answer uestion 17 From 10 April 2019, Mr. Thabo was a registered tax vendor. Mr. Thabo grands his employer Mr Kennedy to use his vehicle for personal use. Mr Thabo was unable to claim the input tax when this car was bought. The car was purchased at R 700 000.00, VAT inclusive. The vehicle is used for the supply of taxable services for only at 80%. The employee bears the full cost of maintaining the vehicle. Calculate the output tax for eleven months in respect of the fringe benefit. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). I S Paragraph Arial 10pt : TO 100 110 120 130 142 13 points Save Answer uestion 17 From 10 April 2019, Mr. Thabo was a registered tax vendor. Mr. Thabo grands his employer Mr Kennedy to use his vehicle for personal use. Mr Thabo was unable to claim the input tax when this car was bought. The car was purchased at R 700 000.00, VAT inclusive. The vehicle is used for the supply of taxable services for only at 80%. The employee bears the full cost of maintaining the vehicle. Calculate the output tax for eleven months in respect of the fringe benefit. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). I S Paragraph Arial 10pt
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started