Anyone have created a group for F6 Tax Singapore? Pls add me into the group, have some of the question need help~help:
For example: Cost of the new car $100, market value $50, driven 18,000km,and 70% for business purposes.
reimbursement of car expenses: 3/7 x ($100 - 80%x$50) + (0.55 x 18000 x 30% )
So: why 80% x $50 ?
Thank you~
Hi Yun, have you already taken the exam?