Question $2$

Encik Tarmizi $(45$ years old$)$ has been working as an internal auditor with TNBS Bhd since $1$ May $2017.$ On $30$ November $2023,$ due to the company's restructuring, his service was terminated by the company and he was paid gratuity of RM$100,000$ and compensation for loss of employment amounting to RM$220,000.$

Details of his remuneration and benefits received from the company for the year $2023$ were as follows:

$($a$)$ Salary of RM$6,570$ per month after deduction of EPF $11\%,$ housing loan amounting to RM$1,200$ and schedular tax deduction $($STD$)$ of RM$130.$

$($b$)$ Entertainment allowance of RM$1,300$ per month and $3$ months salary as bonus.

$($c$)$ He received a watch of RM $4,000$ for an excellent service award in year $2023.$

$($d$)$ The company paid RM$3,500$ and RM$1,000$ for medical and dental treatment for his wife and children respectively.

$($e$)$ Encik Tarmizi produced entertainment bills of RM$14,560$ that was fully expended in carrying out his official duties.

$($f$)$ TNBS provide a Perodua Myvi cost RM$85,000$ for his used.

Required: Calculate Statutory Employment Income for Encik Tarmizi. $(20$marks$)$