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Q1 Mr Jonathan White, aged 50, arrived in Singapore on 15/4/2020 to take up his appointment as Senior Accounting Consultant on 1/5/2020 with Super Computers

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Q1 Mr Jonathan White, aged 50, arrived in Singapore on 15/4/2020 to take up his appointment as Senior Accounting Consultant on 1/5/2020 with Super Computers Pte Ltd. He was paid a salary of $130,000 and a bonus of $10,000 for the period ended 31/12/2020. Mr White only received the bonus payment on 15/1/2021. The company housed him in Hilton International for the month of May 2020 for which the Hotel charged the company $250 per day. With effect from 1/6/2020, the company provided Ma White with a fully furnished bungalow at West Coast. The annual rental | for the bungalow was $60,000. Mr White paid $250 per month towards the cost. The company granted him with an option to purchase 2,000 shares in the company at $2.00. Mr White exercised the option for 1000 shares in 2020 when the market price was $3.00. Mr White was provided with a Q plate car which costs $130,000 with a residual value of $35,000. The company paid all the running costs which were $3,500. In 2020, the total distance for private purposes was 6,000 km out of a total 8,500 km. Mr White is a member of the British club and the ISCA a work related organisation. The employer paid the subscription of $200 and $190 respectively. In addition, he received income from the following: (a) Interest from Bank of England not remitted into Singapore amounting to $6,000. (b) Interest from POSB amounting to $1,000 (c) Dividend (tier one) from Singapore companies of $5,000. Required: a. Advise Mr White if he is a resident of Singapore or not. b. Compute Mr White's Assessable Income for the Year of Assessment 2021

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