Get reliable answers to your questions at Westonci.ca, where our knowledgeable community is always ready to help. Connect with a community of experts ready to help you find solutions to your questions quickly and accurately. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

The company sold a laptop to an employee for R 3 000.00. The market value of the laptop on the date of sale was R 4 500.00. The company bought the laptop two years earlier for R 9 000.00 and used it in the business. The taxable value of the 'acquisition of asset at less than actual value' fringe benefit is:
R 4 500,00
R 9 000,00
R 1 500,00