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?
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?
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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