Answered step by step
Verified Expert Solution
Question
1 Approved Answer
CLASS WORK Anu aged 39 years old is a Singaporean Citizen and is a lecturer in an institution. She is married and has 2 Singapore
CLASS WORK Anu aged 39 years old is a Singaporean Citizen and is a lecturer in an institution. She is married and has 2 Singapore citizen children aged 10 and 12 years old respectively. Her husband, Rajis a consultant and will usually claims the QCR in his tax return. Anu's mother aged, 59 years takes care of her children after school and is not working, Salary per month in 2019 $7,100 She also received non contractual bonus in September 2019 of $17,500. Her DBS interest income was $560 and won consolation prizes of $1000 last year December from 4D tickets. Her husband has completed National service. Her employer was not aware of the CPF cap limits and contributed fully. She also attended ACTA training and paid $3770 as course fees last year June Determine the statutory and assessable income for the year of assessment 2020. CLASS WORK Anu aged 39 years old is a Singaporean Citizen and is a lecturer in an institution. She is married and has 2 Singapore citizen children aged 10 and 12 years old respectively. Her husband, Rajis a consultant and will usually claims the QCR in his tax return. Anu's mother aged, 59 years takes care of her children after school and is not working, Salary per month in 2019 $7,100 She also received non contractual bonus in September 2019 of $17,500. Her DBS interest income was $560 and won consolation prizes of $1000 last year December from 4D tickets. Her husband has completed National service. Her employer was not aware of the CPF cap limits and contributed fully. She also attended ACTA training and paid $3770 as course fees last year June Determine the statutory and assessable income for the year of assessment 2020
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started