Mina is an expatriate working in Jacom Bhd. Based on her employment contract her project service is from 2018 to 2022. Mina has two children, Mimi aged 3 years (send to approved childcare paying RM450 per month), and Bobo aged 9 years. Mina's husband was awarded a scholarship to further study full-time at UCSI for one year. The details of her employment income 2021: - Monthly salary RM15,000. - Provided her secondhand car (more than 6 years), the cost of a car when new is RM130,000 and fuel of RM500 per month. - Driver salary RM1,500 per month paid by the employer. - The holiday package paid by the employer for her family trip was RM4,000 in Langkawi Malaysia. - The living accommodation is paid by the employer as a defined value of RM20,000 with an additional RM500 monthly rental for a fully furnished package. Mina's expenses for 2021 - Medical insurance is RM2,500 for her children. - EPF contribution RM19,800 and Socso RM650. - Purchase a smartphone for RM1,500 and a laptop to use for her children for RM4,500. - Deposit a total of RM6,000 SSPN in BSN under her children's accounts. - Self-medical examination check-up (full) paid for RM2,200. - A private retirement scheme contribution of RM3,000. The scheme is approved by the relevant authority. - Total donation of RM200 monthly started on 1st Jan 2020 and paid to an approved charitable institution, Malaysia. Required: (a) Compute the Mina income tax payable for the year of assessment 2021. (18 marks) (b) You are an HR executive, provide her the below solutions (i) any other THREE (3) personal reliefs that can help to reduce her tax liability for 2021. (ii) advice Mina on the number of years to keep proper records. (3 marks ) (iii) Indicate the date of return tax submission. (1 mark) (iv) As due to Movement Control Order (MCO), childcare was closed for 3 months and Mina send Mimi to a neighbor's house and paid RM600 per month. She requests to claim personal relief. (2 marks) Mina is an expatriate working in Jacom Bhd. Based on her employment contract her project service is from 2018 to 2022. Mina has two children, Mimi aged 3 years (send to approved childcare paying RM450 per month), and Bobo aged 9 years. Mina's husband was awarded a scholarship to further study full-time at UCSI for one year. The details of her employment income 2021: - Monthly salary RM15,000. - Provided her secondhand car (more than 6 years), the cost of a car when new is RM130,000 and fuel of RM500 per month. - Driver salary RM1,500 per month paid by the employer. - The holiday package paid by the employer for her family trip was RM4,000 in Langkawi Malaysia. - The living accommodation is paid by the employer as a defined value of RM20,000 with an additional RM500 monthly rental for a fully furnished package. Mina's expenses for 2021 - Medical insurance is RM2,500 for her children. - EPF contribution RM19,800 and Socso RM650. - Purchase a smartphone for RM1,500 and a laptop to use for her children for RM4,500. - Deposit a total of RM6,000 SSPN in BSN under her children's accounts. - Self-medical examination check-up (full) paid for RM2,200. - A private retirement scheme contribution of RM3,000. The scheme is approved by the relevant authority. - Total donation of RM200 monthly started on 1st Jan 2020 and paid to an approved charitable institution, Malaysia. Required: (a) Compute the Mina income tax payable for the year of assessment 2021. (18 marks) (b) You are an HR executive, provide her the below solutions (i) any other THREE (3) personal reliefs that can help to reduce her tax liability for 2021. (ii) advice Mina on the number of years to keep proper records. (3 marks ) (iii) Indicate the date of return tax submission. (1 mark) (iv) As due to Movement Control Order (MCO), childcare was closed for 3 months and Mina send Mimi to a neighbor's house and paid RM600 per month. She requests to claim personal relief. (2 marks)
