20 points Save Answer QUESTION 3 Mr. Chester Mondi is a sales director with Choroid and Co. Itd. A local company and was a resident of Kenya for the whole of 2021. He received the following income during 2021.Basic salary was at the rate of 200 p.m. from January to 30th June 2021. It was raised to 300 p.m. with effect from 1st July 2021. Other payment from the company, car allowance of 50 p.m. for using his car from house to office. He resided in his own house from January - 30th June 2021 during which the company paid him a house allowance of 60 p.m. Thereafter, he was provided with a company house at the nominal rent of 5% of basic salary. He was also provided with a gardener, watchman and a maid each of whom received 20 p.m. from the company. The company paid 300 for his insurance on 30/9/2021 capital sum payable at death is 10,000. Required: Ascertain the taxable income from employment of Mr. Chester Mondi for the year 2021 and his tax liability. (20MARKS) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). V 10pt V # EV AVV BIUS Paragraph V Arial EX XG TT I X %0 Q 6==== T() - kuf 1 " A 88 XX 888 O ** P O WORDS POWERED BY TINY RE V 20 points Save Answer QUESTION 3 Mr. Chester Mondi is a sales director with Choroid and Co. Itd. A local company and was a resident of Kenya for the whole of 2021. He received the following income during 2021.Basic salary was at the rate of 200 p.m. from January to 30th June 2021. It was raised to 300 p.m. with effect from 1st July 2021. Other payment from the company, car allowance of 50 p.m. for using his car from house to office. He resided in his own house from January - 30th June 2021 during which the company paid him a house allowance of 60 p.m. Thereafter, he was provided with a company house at the nominal rent of 5% of basic salary. He was also provided with a gardener, watchman and a maid each of whom received 20 p.m. from the company. The company paid 300 for his insurance on 30/9/2021 capital sum payable at death is 10,000. Required: Ascertain the taxable income from employment of Mr. Chester Mondi for the year 2021 and his tax liability. (20MARKS) For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). V 10pt V # EV AVV BIUS Paragraph V Arial EX XG TT I X %0 Q 6==== T() - kuf 1 " A 88 XX 888 O ** P O WORDS POWERED BY TINY RE V