Finest Frozen Foods Pty Ltd employs Bridget Neville as a salesperson. For Bridget Neville tofulfll her employment activities, she travels all over Brisbane. Finest Frozen Foods purchased acar for Bridget Neville to use for work. Bridget Neville garages the vehicle at her home and isallowed to use the car outside of work hours for personal travel from the date the car isdelivered. Details relating to the car are given below! .Type: Volkswagen T-Cross - 5 seater vehicle Purchase price: $42,000 (including GST) Purchase date: 1 July 2022 Delivery fee: $1,250 (including G$T) Stamp duty on purchase: $1,200 (no G$T) . Tow ball (installed prior to delivery): $1,300 (including GST). Registration: $3,200 (from 1 July 2022) (no GST) Insurance: $1,200 (from 1 July 2022) (no GsT) . Fuel and Oil: $13,500 (including GsT)Bridget Neville paid $440 (inc GST) for the vehicle's regular service on 5 April 2022. She doesnot get reimbursed from Finest Frozen Foods for this expense. Bridget Neville also kept alogbook for the first 12 weeks of driving the car. She travelled 3,500 kilometres for work and10,000 kilometres for private activities. Finest Frozen Foods Pty Ltd is registered for GST and elects to use the operating cost methodfor any car fringe beneft that might arise for the car provided to Bridget Neville

Determine whether Bridget has a Reportable Fringe Beneft Amount for the 2023 FBTyear

Answer rating: 100% (QA)

Answer To determine whether Bridget Neville has a Reportable Fringe Benefit Amount RFBA for the 2023 ... View the full answer