The following allowances and tax rates are to be used in year of assessment 2021 (YA2021) in answering the questions: Chargeable income RM Resident Individuals Calculations RM Rate Tax % RM 0 5,000 First 5,000 0 0 5,001 20,000 On the First 5,000 0 Next 15,000 1 150 20,001 35,000 On the First 20,000 150 Next 15,000 3 450 35,001 50,000 On the First 35,000 600 Next 15,000 8 1,200 50,001 - 70,000 On the First 50,000 1,800 Next 20,000 13 2,600 70,001 100,000 On the First 70,000 4,400 Next 30,000 21 6,300 100,001 250,000 On the First 100,000 10,700 Next 150,000 24 36,000 250,001 400,000 On the First 250,000 46,700 Next 150,000 24.5 36,750 400,001 600,000 On the First 400,000 83,450 Next 200,000 25 50,000 600,001 1,000,000 On the First 600,000 133,450 Next 400,000 26 104,000 1,000,001 2,000,000 On the First 1,000,000 237,450 Next 1,000,000 28 280,000 On the first 2,000,000 517,450 Exceeding 2,000,000 Next ringgit 30 Self Spouse Child (basic) Life insurance premium EPF Tax Relief for Resident Individual RM 9,000 4,000 2,000 3,000 4,000 Tax rebate Chargeable income not exceeding RM35,000 Rebate given to spouse if he/she elects for joint assessment Zakat Fitrah RM400 RM400 Amount Incurred Benefits-in-kind (BIK) scale rates Car Cost of car when new Annual value of BIK Fuel per annum (RM) Up to 50,000 (RM) (RM) 1,200 600 50,001 - 75,000 2,400 900 75,001 - 100,000 3,600 1,200 100,001 - 150,000 5,000 1,500. 150,001 200,000 7,000 1,800 200,001 - 250,000 9,000 2,100 250,001 - 350,000 15,000 2,400 350,001 - 500,000 21,250 2,700 500,001 and above 25,000 3,000 The value of the car benefit equivalent to half of the above rates is taken if the car provided is more than five years old but the value of fuel provided will remain the same. Household furnishings, apparatus and appliances Types of BIK Semi-furnished with furniture in the lounge, dining room, or bedroom Semi-furnished with furniture as above plus air-conditioners and/or curtains, carpets Fully furnished premises Domestic help Gardener Driver RM per annum 840 1,680 3,360 4,800 3,600 7,200 (11) Besides the employment income, Airil also received an interest income of RM2,500 from 12-month fixed deposit of RM500,000 at Bank Rakyat and a rental income of RM2,100 per month from an apartment in Bangi, Selangor which was rented out since January 2019. However, he vacated the house on 31 July 2021. The apartment was rented out again at RM2,400 per month on 1 October 2021. The expenses incurred on the apartment during the year are as follows: Quit rent (per annum) Fire insurance (per annum) Installation of cabinet (12) During the year 2021, Airil incurred the following expenditures: Required: RM 160 280 2,800 Airil was born with a cripple leg and he purchased supporting equipment costing RM1,200 in March 2021 after the old equipment did not function. Medical check-up for him and his immediate family RM2,200. Pay monthly zakat to Majlis Agama Islam Negeri Selangor for RM850. The education and maintenance of his two children was approximately RM200,000 per annum. He claims the following child relief: Afif-age 21 years old and pursuing engineering degree program in a university in Japan. Aris age 18 years old and study at Perlis Matriculation College. He purchased insurance to his children; education RM2,100 and medical RM2,300. Internet subscription with U-Mobile for RM100 per month for year 2021. Medical treatment for his parents at KPJ Hospital for RM6,000. RM450 for subscribing the "TIME' magazine. Compute the income tax payable of Airil for the year assessment 2021. Note: State 'NIL' for item that is not taxable, not deductible or exempted. Where appropriate use the prescribed value method in respect of the benefits instead of the formula method. You are also required to make proper classification (by reference to Section 4 and 13 of the Income Tax Act 1967). Question 1 Airil working at Leman & Co Chartered Accountants since June 2016 as auditor and promoted as senior auditor starting 1 January 2021 meanwhile his wife Anis employed as marketing manager with Premier Best Bhd at Sepang. Airil remuneration package for the year ended 31 December 2021 includes the following: (1) Monthly salary of RM 6,729 (net of: monthly schedular tax deduction (STD) RM375, monthly Social Security Organisation (SOCSO) Scheme deduction of RM16 and 11% of Employees' Provident Fund (EPF)) (2) Allowances were provided as follows: Entertainment allowance Parking allowance RM (per month) 800 200 (3) (4) 96 Airil was paid bonus to equivalent to 112 times his monthly salary for the period 1 July 2020 to 30 June 2021, of which 1-month's equivalent was paid on 31 August 2021 while the balance was paid on 31 January 2022. An iPad costing RM4,922 awarded to Airil for his excellence service. (5) Leman & Co Chartered hired a domestic maid for Airil with monthly salary of RM1,100 starting from 1 February 2021. (6) (7) (8) (9) From January to 30 June 2021, Airil was provided with accommodation in a semi- furnished house rented by the company at RM1,500 per month of which RM400 is for furniture. The furnishing comprises furniture in the lounge and the dining room and air- conditioners. Starting from 1 July 2021, company provided a fully furnished house. The monthly rental was RM3,500 of which RM1,500 relates to furniture. A holiday package to Brunei in December 2021 for which the company paid for the air tickets, accommodation, and meals of RM2,100, RM1,750 and RM700 respectively. Dental treatment benefits amounting to RM500 for Airil and his immediate family. (10) Airil incurred total of RM10,000 to entertain company clients as part of his employment duties