IDNLearn.com is the place where your questions are met with thoughtful and precise answers. Discover in-depth answers from knowledgeable professionals, providing you with the information you need.
The company sold a laptop to an employee for R 3 000.00. The market value of the laptop on the date of sale was R 4 500.00. The company bought the laptop two years earlier for R 9 000.00 and used it in the business. The taxable value of the 'acquisition of asset at less than actual value' fringe benefit is:
R 4 500,00
R 9 000,00
R 1 500,00
Sagot :
Your participation is crucial to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. IDNLearn.com is your source for precise answers. Thank you for visiting, and we look forward to helping you again soon.
