What tax is to be paid by Stacy on this benefit for the year of assessment 2021?
Chapter13: Tax Credits And Payment Procedures
Section: Chapter Questions
Problem 23CE
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Stacy Lee Parker is an employee in the exempt category with regard to uniform. Uniform is provided to her by her employer at a value of $20,000 per annum. What tax is to be paid by Stacy on this benefit for the year of assessment 2021? (Ignore laundering of the uniform).
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ISBN:
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Author:
Hoffman
Publisher:
CENGAGE LEARNING - CONSIGNMENT