Thread Killer Mk IX

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QUESTION 3 (continued)
Benefit 3: Subsistence allowance (2 marks)
Carel was sent to Johannesburg (away from his normal residence) on business for a period of seven days during the year of assessment. He received a daily allowance of R400 to cover his costs in respect of meals and incidental costs. Carel did not keep a record of his expenses.
REQUIRED:
Calculate the taxable fringe benefit for each of the above-mentioned benefits for the year of assessment ended 28 February 2014.
 
Anyone who can help with:

QUESTION 3 (continued)
Benefit 3: Subsistence allowance (2 marks)
Carel was sent to Johannesburg (away from his normal residence) on business for a period of seven days during the year of assessment. He received a daily allowance of R400 to cover his costs in respect of meals and incidental costs. Carel did not keep a record of his expenses.
REQUIRED:
Calculate the taxable fringe benefit for each of the above-mentioned benefits for the year of assessment ended 28 February 2014.

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Anyone who can help with:

QUESTION 3 (continued)
Benefit 3: Subsistence allowance (2 marks)
Carel was sent to Johannesburg (away from his normal residence) on business for a period of seven days during the year of assessment. He received a daily allowance of R400 to cover his costs in respect of meals and incidental costs. Carel did not keep a record of his expenses.
REQUIRED:
Calculate the taxable fringe benefit for each of the above-mentioned benefits for the year of assessment ended 28 February 2014.

Oh that sucks, our company allowance is R350 when we travel.
 
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