Question: help Question 2 (Total 15 marks) Mr. Yang owns a property which he lets to Mr. Yip for a four year period commencing 1 January

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help Question 2 (Total 15 marks) Mr. Yang owns a property which

Question 2 (Total 15 marks) Mr. Yang owns a property which he lets to Mr. Yip for a four year period commencing 1 January 2017. The consideration was a lump sum premium of HK$108,000 payable on 1 January 2017 and monthly rental of HK$30,000 payable in advance on the first day of each month. Required Compute the assessable value for 2016/17 to 2020/21. (Show your calculations) (15 marks) Question 2 (Total 15 marks) Mr. Yang owns a property which he lets to Mr. Yip for a four year period commencing 1 January 2017. The consideration was a lump sum premium of HK$108,000 payable on 1 January 2017 and monthly rental of HK$30,000 payable in advance on the first day of each month. Required Compute the assessable value for 2016/17 to 2020/21. (Show your calculations) (15 marks)

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