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The following scenario relates to one requirement Bakri is employed by M1 Sdn Bhd a company manufacturing consumable products: Details of the income, benefits and
The following scenario relates to one requirement
Bakri is employed by M1 Sdn Bhd a company manufacturing consumable products:
Details of the income, benefits and expenses incurred by Bakri in 2022 are as follows:
- A salary for the year of RM120,000
- A contribution of RM14,400 paid by his employer towards Bakris provident fund`
- Hotel accommodation provided by his employer for the month of January 2020 at a cost of RM200 per day for 30 days
- A personal computer worth RM2,400 for his personal use as a gift from his employer
- A reimbursement claimed from his employer of RM13,600 to cover the cost of part of the wages of a maid employed by Bakri
- Bakri is an author and received RM14,000 of royalty from his literary work published during the year
- Donation of books worth RM2,300 to an approved charitable institution n Malaysia
Required:
Compute the total income for Bakri for the Year of Assessment 2022.
Note Put nil for any item that does not require any tax adjustments.
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