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this is about Malaysian taxation. please teach me with steps by step because I need to study for revision . 1. For the year 2022,
this is about Malaysian taxation. please teach me with steps by step because I need to study for revision .
1. For the year 2022, his remuneration package was as follows: a. Monthly salary of RM9,000. b. Entertainment allowance of RM1,800 per month. He spent 70% of his entertainment allowance in entertaining company clients. c. A 7-year-old Honda Accord at a cost of RM180,000 and free fuel was also provided to him. d. A driver was provided by the company with a salary of RM1,500 per month. e. Corporate membership to Bangi Golf Club. Both entrance fee of RM4,000 and monthly subscription of RM400 were paid by the company. f. Reimbursement of a salary of RM900 per month in respect of a domestic servant employed by Farhan. 2. He is actively involved in businesses which he set up 4 years ago. Below are the details of his businesses for YA 2022: 3. He bought a bungalow in Gombak in April 2022 and immediately rent the house to his friend. The following information is related to the house: 4. Interest from fixed deposit in Bank Rakyat amounting to RM1,700. 5. Royalty received for publication of Taxation Journals amounting to RM27,000. 6. He paid zakat amounting to RM7,000Step by Step Solution
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