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Azam is an employee of Giggle Sdn Bhd, a stamp producer company. Below are the details of Azam's remuneration package for YA2022. Income and
Azam is an employee of Giggle Sdn Bhd, a stamp producer company. Below are the details of Azam's remuneration package for YA2022. Income and benefits Salary Entertainment Allowance Bonus Leave passage to Canada with his family Additional information: 1. Company paid tuition fees of RM3,600 for his children. RM 9.000 per month 3,600 per month 18,000 8,000 2. The company employed a domestic servant with monthly salary of RM800 per month. Azam on the other hand employed a gardener with a monthly salary of RM700 and claim reimbursement from the company. 3. From 1 July 2022, Azam was provided with a company car costing RM168,000 and a driver. Petrol during the period was RM2,400. 4. Azam and his family was given a fully furnish house rented by the company with a monthly rental of RM6.700. The value of the whole 5. He received a watch worth RM3,127 from his employer. 6. He paid monthly premium for life insurance worth RM3,600 annually. 7. He claimed entertainment deduction for Giggles client worth RM28,000 and Employees Provident Fund of RM16,920. 8. He also claimed relief for his wife and three children. All children aged below 18 years old. 9. Azam purchased sports equipment for RM580 and has broadband internet subscription worth RM1,200. 10. Azam also contributed RM2,900 to a approved private retirement scheme. Required: Compute the income tax payable by Azam for the year of assessment 2022. For the toolbar press ALT+F10 (PC) or ALT+FN+F10 (Mac). furnishing is RM1,200. (Total: 15 marks)
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