DTX5018 TAXATION 1

Student list : RS1

Date : 11-04-2016
No.

Student ID
Student Name
1
1141124090 CHOO KAI VEN

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

Personal Email

Telephone No.
01125845827

Personal Telephone No.

01125845827

Sathivel
Employment:
[Section
13(1)(a)]
Salary
(20,000
x 11 months)
Leave pay (December 2014 to February 2015: 20,000 x 3)
Travelling allowances
Less: Exempt
Discount for school fees
Monthly subscription (300 x 11)
Innovation award
Less: Exemption [Paragraph 25C, Schedule 6]
[Section 13(1)(d)]
Car benefit as per table (RM9,000 x 11/12)
Driver (600x11)

RM

Marks

RM

220,000

10,000
-6,000

12,000
-2,000

60,000 1

4,000 1
Nil 1
11,150
3,300

10,000 1
308450

8,250
6,600

14,850

[Section 13(1)(e)]
Withdrawal from unapproved scheme (employers portion)
110,000

Nil

Withdrawal from unapproved scheme (employees portion)

110,000
433,300
Nil

Gross employment income

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

433,300
Add: Royalty income from musical composition
22,000

-20,000

2,000 1
435,300

Less: Exemption [Paragraph 32D, Schedule 6]

Aggregate income
Less: Contributions to approved medical healthcare facility
(restricted) [Section 44(10)]
Total income
Less: Personal reliefs
Self
Child relief
Medical expenses for uncle
Books (maximum)

-20,000 1
415,300
9,000
1,000
Nil
1,000

1
-11,000

Chargeable income
Tax liability
Tax on RM100,000
Tax on next RM304,300 at 24%
Tax payable

404,300

11,900
73,032
84,932
15

Kalai
RM

Alimony
Proceeds from endowment insurance policy
Aggregate income
Less: Current year loss
Total income
Less: Personal relief
Self
Child
School fees
Chargeable income
Tax payable

22,000
Nil

RM

Marks
1

1
22,000
-12,000 1
10,000

-9,000
1,000
Nil

-10,000
Nil
Nil
5