User Account

All Pages

Calculate the Fringe Benefits Tax Liability for Perisher

Assignment Help Accounting Basics
Reference no: EM132636611

Question - Perisher Pty Ltd (Perisher) is a Ski equipment manufacturer that operates around Mt Hotham in Victoria. On 1 May 2019, Perisher provided Nikita (one of its employees) with a car as Nikita does a lot of travelling for work purposes. However, Nikita's usage of the car is not restricted to work only. Perisher purchased the car on that date for $44,000 (including GST) plus $2,000 (including GST) dealer delivery charges. For the period of 1 May 2019 to 31 March 2020, Nikita travelled 12,000 kilometers in the car and incurred expenses of $770 on minor repairs that have been reimbursed by Perisher. The car was not used for 10 days when Nikita was interstate and was parked at the airport and for another five days when the car was scheduled for annual repairs. Calculate the Fringe Benefits Tax Liability for Perisher?

Reference no: EM132636611

Questions Cloud

Create new and innovative ways for one to book travel : Their organization is comprised of team members working together in an open forum brainstorming ideas to create new and innovative ways for one to book travel
Find the best neurobiology writing services from a reputable : Find the best Neurobiology Writing Services from a reputable neurobiology research paper writing service provider for their custom neurobiology essay
What security methods may recommend be used : For instance, how would training occur for your team, what strategies might you use, what security methods may you recommend be used?
Undertake a critical evaluation making effective : Many organisations believe that the best marketing of all is happy clients - Utilise academic research using literature from journals, books, etc.
Calculate the Fringe Benefits Tax Liability for Perisher : Perisher Pty Ltd (Perisher) is a Ski equipment manufacturer that operates around Mt Hotham in Victoria. Calculate the Fringe Benefits Tax Liability for Perisher
Make a recommendation for a global strategy in organization : Make a recommendation for a global strategy in the organization, including a justification for recommendations. Research other company strategy for going global
How erm can be integrated with an organization : How ERM can be integrated with an organization's overall strategy. Prepare a research paper on some of the various issues, protocols, methods
Discuss Alex residency and the tax implications : In the business, to promote their products, one of the suppliers Tara Inc. Discuss Alex's residency and the tax implications of Alex's business
What are baseline security requirements : What are baseline security requirements that should be applied to the design and implementation of applications, databases, systems, network infrastructure

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd