In the current year SPL Ltd. paid tax-free automobile allowances of 53 per kilometre to two of
Question:
Comment on the deductibility of the car allowance for SPL Ltd. Income tax reference: ITA 18(1)(r).
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Since the car allowances are taxfree to the employees SPL Ltd is subject to a deduction limit of 0...View the full answer
Answered By
Charles mwangi
I am a postgraduate in chemistry (Industrial chemistry with management),with writing experience for more than 3 years.I have specialized in content development,questions,term papers and assignments.Majoring in chemistry,information science,management,human resource management,accounting,business law,marketing,psychology,excl expert ,education and engineering.I have tutored in other different platforms where my DNA includes three key aspects i.e,quality papers,timely and free from any academic malpractices.I frequently engage clients in each and every step to ensure quality service delivery.This is to ensure sustainability of the tutoring aspects as well as the credibility of the platform.
2+ Reviews
10+ Question Solved
Related Book For 
Canadian Income Taxation Planning And Decision Making
ISBN: 9781259094330
17th Edition 2014-2015 Version
Authors: Joan Kitunen, William Buckwold
Question Posted:
