Question: Ali is a Malaysian citizen. He started working as a financial consultant in February 2021 and he brings home a total of RM 5800 in

Ali is a Malaysian citizen. He started working as a financial consultant in February 2021 and he brings home a total of RM 5800 in salary (monthly) after deducting EPF in year 2021. On top of this salary, he has invested RM 50,000 in taxable investments and earned 12% in year 2021.

i) Please compute the total income he needs to declare in his tax filling for year 2021. (4 marks)

ii) During year 2021, aside from individual tax relief worth RM 9,000, Ali had purchased several items that can be considered for tax relief.

The following are some items that Ali purchased that can be considered for tax relief:

Item RM MBA courses (1 year) 1,500

Internet 2,000

Covid-19 RTK test kits 100

Gym membership 1,000

Laptop 2,000

Life insurance 2,000

Medical insurance 1,000

EPF 4,500

Compute the total taxable income and amount of individual tax that Ali must pay for year 2021. (6 Marks)

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