lee toen was employed as a chief executive officer in Petaling jaya with pichi capital berhad(PCB)

Question 1 Lee Yeon was employed as a Chief Executive Officer in Petaling Jaya with Pichi Capital Berhad (PCB) since 1 April 2013. For the six months' period ended on 30 June 2020, Lee Yeon received the following income and benefits-in-kind from PCB. Monthly salary of RM80,000 with monthly entertainment allowance of RM5,000. He Incurred RM64,000 on entertaining the company's cients 1. Bonus of RM150,000 was received on April 2020 relating to performance in year 2019 Penthouse in Petaling Jaya with annual rental value of RM120,000. He is however required to pay RM2,000 per month to Poe as rental new car costing RM850,000 was provided to him on January 2019 in carrying out the Employment duties. He was also provided with petrol allowance of RM2.000 per month Meal allowance of RM3,000 per month was provided on March 2020 to relief the ncreased cost of eving in Petaling Jaya bn 3 February 2020, he was offered 150.000 PCBs shares at a price of RM1.00 per Share, the market value then was RMS 80 per share. Lee Yeon accepted offer mmediately and exercised the option on June 2020 when the market value was RM10.00 per share. FCE incurred medical expenses of RM10,000 upon his hospitalization on 8 March 2020. As part of his employment contract, PCB paid Lee Yeon holiday trips - one trip to United States of America and another trip to Sarawak Expenses Destination United States of Amence Barawak Intere RM50,000 RM2,000 Accommodation RM50,000RM6,000 En 30 June 2020. Lee Yeon retired from his employment. He was ege 55 years old on Senuery 2020 PCB pad him the following: Gratuity RMS 000 000 including service excellent award RM50.000 He withdrew monies from his FCEs unapproved staff retirement and that is made up the following Own contribution RMS 000 000 Employers contribution, RM0.000.000 Interest on the total contribution RM3 000 000 kter his retirement Lee Yeon commenced his own business October 2016 Question 1 Lee Yeon was employed as a Chief Executive Officer in Petaling Jaya with Pichi Capital Berhad (PCB) since 1 April 2013. For the six months' period ended on 30 June 2020, Lee Yeon received the following income and benefits-in-kind from PCB. Monthly salary of RM80,000 with monthly entertainment allowance of RM5,000. He Incurred RM64,000 on entertaining the company's cients 1. Bonus of RM150,000 was received on April 2020 relating to performance in year 2019 Penthouse in Petaling Jaya with annual rental value of RM120,000. He is however required to pay RM2,000 per month to Poe as rental new car costing RM850,000 was provided to him on January 2019 in carrying out the Employment duties. He was also provided with petrol allowance of RM2.000 per month Meal allowance of RM3,000 per month was provided on March 2020 to relief the ncreased cost of eving in Petaling Jaya bn 3 February 2020, he was offered 150.000 PCBs shares at a price of RM1.00 per Share, the market value then was RMS 80 per share. Lee Yeon accepted offer mmediately and exercised the option on June 2020 when the market value was RM10.00 per share. FCE incurred medical expenses of RM10,000 upon his hospitalization on 8 March 2020. As part of his employment contract, PCB paid Lee Yeon holiday trips - one trip to United States of America and another trip to Sarawak Expenses Destination United States of Amence Barawak Intere RM50,000 RM2,000 Accommodation RM50,000RM6,000 En 30 June 2020. Lee Yeon retired from his employment. He was ege 55 years old on Senuery 2020 PCB pad him the following: Gratuity RMS 000 000 including service excellent award RM50.000 He withdrew monies from his FCEs unapproved staff retirement and that is made up the following Own contribution RMS 000 000 Employers contribution, RM0.000.000 Interest on the total contribution RM3 000 000 kter his retirement Lee Yeon commenced his own business October 2016