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of <h1>Employer Asset Sale to Employees: Car, Computer, and Fridge Sold Below Depreciated Value, Taxable Perquisites Calculated.</h1> On January 1, 2015, an employer sold assets to employees: a car for 210,000, a computer for 24,270, and a fridge for 1,000. The original costs were 696,000, 117,000, and 40,000, respectively, with depreciation applied over two years. The taxable perquisite values calculated for the employees were 235,440 for the car, 4,980 for the computer, and 31,000 for the fridge. These values were determined by subtracting the sale consideration from the depreciated value of each asset as of May 15, 2014.
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