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An employee uses a car (cost R600 000, maintenance plan included) for a full yea...
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An employee uses a car (cost R600 000, maintenance plan included) for a full year. Total km = 24 000; business km = 15 000.Fuel costs paid by employer = R30 000. Official rate for fuel (private use) = R2.30/km. What is the taxable fringe benefit after all allowable reductions (paras 7(7) & 7(8))?
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