Dato Idham

1. Dato Idham, 58 years old, is the sole proprietor to Exventure Enterprise, a retailer of extreme sports and adventure gear items. Below is the statement of profit for the business for the year 2019:

		Note	RM
Sales			8,217,430
Less:	Cost of sales	(a)	(4,378,220)
Gross profit			3,839,210
Add:	Other income
	Income from fixed deposits		181,290
Less:	Staff remuneration	(b)	(748,750)
	Rental	(c)	(63,500)
	Fees	(d)	(7,400)
	Finance cost	(e)	(32,400)

Insurance	(f)	(29,840)
Bad debt expense	(g)	(15,000)
Traveling expenses	(h)	(46,360)
Marketing	(i)	(212,940)
Depreciation	(j)	(120,000)
Approved donation	(k)	(50,000)
Profit before tax		2,694,310

Notes to the account:

1. Included in the cost of sales is insurance premium on goods imported from China amounted to RM4,380.
2. Staff remuneration includes Dato Idhams remuneration of RM235,000.
3. RM24,00 of the rental is for office rental while the balance is for the retail outlet.
4. Included in fees are RM500 for renewal of business license and RM1,400 for traffic fines.
5. Finance cost is for a RM800,000 loan taken by Dato Idham. RM500,000 of the loan was used to support working capital, while the balance was invested in short term fixed deposit.
6. RM8,450 of the insurance is for keyman term life insurance policy of Dato Idham, and the balance is for staff medical insurance coverage.
7. The business makes cash sales only, so there is no trade debtor. The bad debt expense is from a loan to a former employee.
8. Included in travelling expenses is lease rental of a passenger car used for business purpose, amounted to RM3,400 per month. The car costs RM280,000, and was first leased on March 2018.
9. Included in marketing are entertainment allowances paid to marketing staff amounted to RM31,600, and advertisement on billboards amounted to RM83,680.
10. Depreciation is provided for the following assets:

Office equipment		Purchased on 27 May 2015 at the cost of RM25,800.
Delivery truck		Purchased on 6 August 2017 on hire purchase basis. Cost price was RM134,000, while hire purchase price was RM176,000. Deposit paid was RM14,000, and the balance is payable in 60 monthly instalments commencing August 2017.

11. The business made cash donations of RM12,000 to a political party and RMRM38,000 to various approved institutions.

2. His other business is Lapaq Kueh Enterprise that supplies Malay traditional desserts to hotels in Kuala Lumpur. This is Dato Idhams new business venture, which commenced on 1 March 2019. Dato Idham is not involved in managing the day-to-day operation of the business. Instead, he appointed Puan Isabella as the General Manager. The business does not have a proper accounting system yet, but Dato Idham provided you with the following information:

	RM
Total sales	845,980
Cost of materials	721,540
Remuneration of Puan Isabella, the General Manager	82,000
Allowance for Dato' Idham	60,000
Remuneration of two kitchen assistance	27,000
Delivery cost	3,740
Rental and utilities	13,280
Other overhead expenses	15,430
Marketing	9,820
Purchase of equipment on 18 February 2019	22,600
Purchase of delivery van on 25 March 2019	84,000

3. During the year, Dato Idham received dividend income from companies of which he is the major shareholder (all Malaysian companies) amounted to RM125,000. In addition, he also sits as a member of the board of directors in those companies. Total allowances and other remuneration received by him throughout 2019 amounted to RM88,400.

4. Dato Idham has investment in fixed deposit accounts and unit trusts. In 2019, incomes from investment in fixed deposit accounts and unit trusts amount to RM23,680 and RM18,930 respectively.

5. In September 2019, Dato Idham was invited to host a special talk show which was aired in television a month later. He was paid RM8,000 for this.

Required:

Compute the income tax payables for Dato Idham, for the year of assessment 2019. All incomes must be properly categorised according to Section 4 of the Income Tax Act 1967.