12. We have a company van that cost $30,000 plus 13% GST and PST. While the van is used primarily to transport clients and pick up supplies for the camp, I also use it to drive to and from the office every day. Business travel will be 1,000 kilometres per month and personal travel will be 350 kilometres per month. What will my total taxable automobile benefit be for 2020?

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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12. We have a company van that cost $30,000 plus 13% GST and PST. While the van is used
primarily to transport clients and pick up supplies for the camp, I also use it to drive to and from
the office every day.
Business travel will be 1,000 kilometres per month and personal travel will be 350 kilometres
per month.
What will my total taxable automobile benefit be for 2020?
Transcribed Image Text:12. We have a company van that cost $30,000 plus 13% GST and PST. While the van is used primarily to transport clients and pick up supplies for the camp, I also use it to drive to and from the office every day. Business travel will be 1,000 kilometres per month and personal travel will be 350 kilometres per month. What will my total taxable automobile benefit be for 2020?
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