QUESTION 4 (25 MARKS) a) Tax relief can help encourage particular type of taxpayer, identify the different between tax relief and tax rebate (4 Marks) b) Mr. Khairi, a Malaysian tax resident, works as an accountant in Rima Management Sdn Bhd. He is happily married to his wife Puan Kartini, who is also a Malaysian tax resident and is blessed with three children as follows 1 Amirah: Age - 26, married, studying on a part time basis at UITM Melaka and working as a consultant 11 Wardah: Age - 21, studying full time at Universiti Teknologi Petronas, III Qabil: Age - 9, attending a primary school in Selangor Details of his employment income and benefit provided by the company for the year 2019 are as follows: Mr. Mikhail receives a monthly salary of RM7,700 (after deducting 11% EPF) Module BAC3153 (Bachelor of Accounting Home) 2021 579 il iv. V. Vi Vil Vil CONFIDENTIAL Leave pay RM 5.300 Bonus for 2 months New car with fuel. Value of the car is RM 150.000 together with driver. Fully furnish bungalow Gardener monthly salary RM 800 Mr. Khairi hired a servant with monthly salary RM 500 from January 2019 until September 2019 and this was reimbursed by the company Medical and dental treatment for his children and wife RM1,500 Two leave passages to Langkawi Malaysia RM7,500 X One lave passages to Kuching Sarawak, Malaysia RM5,000 Onc leave passages to Perak, Malaysia RM 4,000 Kartini is physically disabled after suffering a stroke. She has no income. Details of Mr. Khairi's other expenditure for the year 2019 are as follows: i. Books purchased for his son of RM1,300. Sport Equipment for his own RM 760 Medical insurances for his own RM 3000 Basic supporting equipment for his wife RM 6,000 V. Parental care RM 900 Socso deduction 400 Zakat RM 7.000 Vill Mr. Khairi donated RM450 cash to Rumah Anak Yatim Dawwam (an approved institution) xi ii ini. IV vi vii Required: Compute the income tax payable by Mr. Khairi for the year of assessment 2019. 21 Marks) QUESTION 4 (25 MARKS) a) Tax relief can help encourage particular type of taxpayer, identify the different between tax relief and tax rebate (4 Marks) b) Mr. Khairi, a Malaysian tax resident, works as an accountant in Rima Management Sdn Bhd. He is happily married to his wife Puan Kartini, who is also a Malaysian tax resident and is blessed with three children as follows 1 Amirah: Age - 26, married, studying on a part time basis at UITM Melaka and working as a consultant 11 Wardah: Age - 21, studying full time at Universiti Teknologi Petronas, III Qabil: Age - 9, attending a primary school in Selangor Details of his employment income and benefit provided by the company for the year 2019 are as follows: Mr. Mikhail receives a monthly salary of RM7,700 (after deducting 11% EPF) Module BAC3153 (Bachelor of Accounting Home) 2021 579 il iv. V. Vi Vil Vil CONFIDENTIAL Leave pay RM 5.300 Bonus for 2 months New car with fuel. Value of the car is RM 150.000 together with driver. Fully furnish bungalow Gardener monthly salary RM 800 Mr. Khairi hired a servant with monthly salary RM 500 from January 2019 until September 2019 and this was reimbursed by the company Medical and dental treatment for his children and wife RM1,500 Two leave passages to Langkawi Malaysia RM7,500 X One lave passages to Kuching Sarawak, Malaysia RM5,000 Onc leave passages to Perak, Malaysia RM 4,000 Kartini is physically disabled after suffering a stroke. She has no income. Details of Mr. Khairi's other expenditure for the year 2019 are as follows: i. Books purchased for his son of RM1,300. Sport Equipment for his own RM 760 Medical insurances for his own RM 3000 Basic supporting equipment for his wife RM 6,000 V. Parental care RM 900 Socso deduction 400 Zakat RM 7.000 Vill Mr. Khairi donated RM450 cash to Rumah Anak Yatim Dawwam (an approved institution) xi ii ini. IV vi vii Required: Compute the income tax payable by Mr. Khairi for the year of assessment 2019. 21 Marks)