Problem
Ali was provided with a company car to drive from January 1st to December 31st of 2020. The car cost the company $22,000, plus GST (5%) and PST (7%). Ali drove the car a total of 20,000 kilometers during the year, 11,000 kilometers were for personal use. Ali's employer paid for all of the vehicle's operating costs which totaled $1,100. Calculate the standby charge and operating benefit for Ali that he will include as a taxable benefit.