Cloud Payroll - BIK : Example provided – for Motorcar: Difference between revisions
Cloud Payroll - BIK : Example provided – for Motorcar (view source)
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'''Question :''' <br>
<big>'''Example provided – for Motorcar'''</big>
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<u>b) The Prescribed Value Method</u>
<br> The prescribed value for a motorcar is given as in <b>
<br> The valuation of the benefit will be based on the cost of the motorcar at the time when it was new
<br> This treatment is also applicable to a second-hand motorcar and a leased or rented motorcar.
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