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SG F6 Tax Singapore

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SG F6 Tax Singapore

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~

May 15th 2018 AN ACCA USER

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Hi Yun, have you already taken the exam?

July 27th 2018 AN ACCA USER
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