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Mr . Kuhanesh resigned from Yizong Sdn . Bhd . On 3 1 January 2 0 2 2 . He received the following on 3
Mr Kuhanesh resigned from Yizong Sdn Bhd On January He received the following on
January :
Salary for January RM
Bonus for Received in RM
Thereafter, he became a partner of an eventorganising business. For the year of assessment his share of the partnership profit was RM whilst his share of the partnerships capital allowance was RM
During the year ended December Mr Kuhanesh acquired a shop and the followings are the
record of rental income and expenses:
Rental received RM
Mortgage interest RM
Quit rent and assessment RM
Purchase of a new fridge RM
Net rental profit RM
Other information relating to the year ended December is as follows:
Net dividend from a Malaysia company RM
Interest from RHB bank saving account RM
A new i phone X RM
Personal medical insurance premium RM
Contribution to EPF and SOCSO RM RM
Approved donation RM
Required:
Compute Mr Kuhanesh's Chargeable income and income tax payable for the year of assessment
Total marks
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