Title | (Answer) Past Year Dec18 and Jul17 FIN533 |
---|---|
Author | Farah Amira Razak |
Course | Personal Financial Planning |
Institution | Universiti Teknologi MARA |
Pages | 4 |
File Size | 129.7 KB |
File Type | |
Total Downloads | 120 |
Total Views | 262 |
TAX RETURNS 2017 for En Tajul and Pn Hezel. (Dec 2018)En Tajul Pn Hezel (RM) (RM) Aggregate Income Salary 180,000 108,Bonus 30,000 4, TOTAL AGGREGATE INCOME 210,000 112, Less: Donation 3,600 0 TOTAL ASSESSABLE INCOME 206,400 112,Less: Reliefs Individual 9,000 9,Parents 0 3, 2 nd child 8,000 0 3 rd c...
TAX RETURNS 2017 for En Tajul and Pn Hezel. (Dec 2018)
Aggregate Income Salary Bonus TOTAL AGGREGATE INCOME Less: Donation TOTAL ASSESSABLE INCOME Less: Reliefs Individual Parents 2nd child 3rd child EPF per month + life insurance Medical Insurance Lifestyle magazine and books + notebook SSPN PRS Parents Med expenses
En Tajul (RM)
Pn Hezel (RM)
180,000
108,000
30,000 210,000
4,500 112,500
3,600 206,400
0 112,500
9,000 0
9,000 3,000
8,000
0
2,000
0
7,000
2,400
2,400
2,400
2,500
1,500
7,500 3,000
4,200 0
5,000
0
TOTAL RELIEFS
46,400
22,500
TOTAL CHARGEABLE INCOME
160,000
90,000
TAX COMPUTATION 1st RM100,000 / 1ST 70,000 Next RM60,000 X 24% / Next RM20,000 X 21%
10,900 14,400
4,600 4,200
GROSS TAX PAYABLE Less: Rebates Self Wife Zakat
25,300
8,800
0 0 8,000
0 0 3,000
NET TAX PAYABLE Less: MTD
20,300
5,800
5,400
4,450
TAX PAYABLE
14,900
1,350
Refer to tax rate schedule
Income Tax Payable 2016 for Puan Salasiah. (July 2017) Pn Salasiah (RM) Aggregate Income Salary Bonus Alimony TOTAL AGGREGATE INCOME Less: Donation TOTAL ASSESSABLE INCOME Less: Reliefs Individual EPF + Life insurance Child – Disabled child Basic supporting equipment for disabled child Medical examination for self Lifestyle computer + reading materials TOTAL RELIEFS TOTAL CHARGEABLE INCOME TAX COMPUTATION 1st RM70,000 Next RM28,500 X 21%
114,000 10,500 18,000 142,500 3,500 139,000
9,000 7,000 14,000 5,000 500 5,000 40,500 98,500 Refer to tax rate schedule 4,600 5,985
GROSS TAX PAYABLE Less: Rebates Zakat
10,585
NET TAX PAYABLE Less: MTD (750 X 12)
4,085 9,000
(TAX REFUND)
6,500
(4,985)
Income Tax Payable 2016 for En. Syamsul and Pn. Akma. -Join Assesssment- (Jan 2013)
En Syamsul & Pn Akma (RM) Aggregate Income Salary TOTAL AGGREGATE INCOME Less: Donation TOTAL ASSESSABLE INCOME Less: Reliefs Individual EPF + Life insurance Education fees Lifestyle: tennis racquets + laptop + treadmill + magazine Day care Child No. 1 & No. 2 SSPN Edu insurance TOTAL RELIEFS TOTAL CHARGEABLE INCOME TAX COMPUTATION 1st RM50,000 Next RM6,750 X 14%
98,000 98,000 450 97,550
9,000 7,000 5,000 5,000 3,000 4,000 4,800 3,000 40,800 56,750 Refer to tax rate schedule 1,800 945 2,745
GROSS TAX PAYABLE Less: Rebates Zakat
2,450
NET TAX PAYABLE Less: MTD
2,760
(TAX REFUND)
(2,465)...