Philip is employed by A Ltd as the company's accounting manager. During the year ended 31 March 2018 , Philip was paid a salary of $910,000 and was provided with an apartment by A Ltd. Philip is a member of the Taxation Institute of Hong Kong and ACCA for which he pays membership fees of $1,200 and $2,500, respectively. What is Philip's net assessable income for the year of assessment 2017/18? a. 998,250 b. 996,930x c. 942,552 d. 943,800 The correct answer is: 998,250