DTX5018 TAXATION 1Student list : RS1Date : 11-04-2016

No. Student ID Student Name1 1141124090 CHOO KAI VEN

Email Personal Email choo.kai.ven14@student.mmu.edu.my

Telephone No. Personal Telephone No. 01125845827 01125845827

Sathivel

Employment: RM RM Marks [Section 13(1)(a)]

220,000 ½

Leave pay (December 2014 to February 2015: 20,000 x 3) 60,000 1

10,000 ½-6,000 4,000 1

Nil 111,150 ½

Monthly subscription (300 x 11) 3,300 ½Innovation award 12,000 ½Less: Exemption [Paragraph 25C, Schedule 6] -2,000 10,000 1

308450[Section 13(1)(d)]

8,250 ½Driver (600x11) 6,600 ½

14,850[Section 13(1)(e)]

110,000 ½

Nil ½110,000433,300

Nil ½

433,300

22,000 ½

-20,000 2,000 1435,300

-20,000 1415,300

9,000 ½Child relief 1,000 ½Medical expenses for uncle Nil 1

1,000 -11,000 ½

Salary (20,000 x 11 months)

Travelling allowances Less: Exempt Discount for school fees

Car benefit as per table (RM9,000 x 11/12)

Withdrawal from unapproved scheme (employer’s portion)

Withdrawal from unapproved scheme (employee’s portion)

Gross employment income Less: Golf club entrance fee repaid Adjusted income/statutory income from employment

Add: Royalty income from musical composition

Less: Exemption [Paragraph 32D, Schedule 6] Aggregate income

Less: Contributions to approved medical healthcare facility

(restricted) [Section 44(10)] Total income Less: Personal reliefsSelf

Books (maximum)

Chargeable income 404,300

Tax liabilityTax on RM100,000 11,900 ½Tax on next RM304,300 at 24% 73,032 ½Tax payable 84,932

15

Kalai

RM RM Marks

Alimony 22,000 1

Proceeds from endowment insurance policy Nil 1Aggregate income 22,000

-12,000 1

Total income 10,000

Self -9,000 ½Child 1,000 ½School fees Nil -10,000 ½Chargeable income Nil

Tax payable Nil ½

5

Less: Current year loss

Less: Personal relief