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Question 2 (40 marks) Mr. Zhu is employed as an accountant by a HK company on a monthly salary of HK$50,000. He is provided with

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Question 2 (40 marks) Mr. Zhu is employed as an accountant by a HK company on a monthly salary of HK$50,000. He is provided with accommodation in a flat for which he is required to make a monthly contribution of HK$1,200. Mr. Zhu paid the following amounts during 2020/21: HK$1,538 subscription to the HKICPA HK$2,500 membership fee to a health club HK$8,000 travel which included HK$5,000 to and from home to office. The balance is on trips from office to client's office. monthly contributions to the Community Chest of HK$500 and his mandatory provident fund scheme of HK$24,000. Mrs. Zhu is a housewife who looks after their 6-year-old son and Mr. Zhu's elderly mother who is 68 and lives with them for 9 months of the year Required Calculate Mr. Zhu's salaries tax liability for 2020/21. (Show workings, Ignore tax reduction and provisional tax) (Round your answer to integers) (40 marks) Question 2 (40 marks) Mr. Zhu is employed as an accountant by a HK company on a monthly salary of HK$50,000. He is provided with accommodation in a flat for which he is required to make a monthly contribution of HK$1,200. Mr. Zhu paid the following amounts during 2020/21: HK$1,538 subscription to the HKICPA HK$2,500 membership fee to a health club HK$8,000 travel which included HK$5,000 to and from home to office. The balance is on trips from office to client's office. monthly contributions to the Community Chest of HK$500 and his mandatory provident fund scheme of HK$24,000. Mrs. Zhu is a housewife who looks after their 6-year-old son and Mr. Zhu's elderly mother who is 68 and lives with them for 9 months of the year Required Calculate Mr. Zhu's salaries tax liability for 2020/21. (Show workings, Ignore tax reduction and provisional tax) (Round your answer to integers) (40 marks)

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