Personal use of an employer-provided car is:
AAlways exempt
BA taxable benefit-in-kindCORRECT
CTaxable only if luxury
DTreated as a loan
CITNPersonal Taxation
AI
Toaster Teacher
Why the answer is B, and why the others tempt you.
Personal use of an employer-provided car is a taxable benefit-in-kind, valued under PITA's third schedule.
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