Mawar Beracun is a Malaysian citizen and tax resident. On 1.1.2018, she accepted a job offer as a managing director for Hock Aloh Trading Sdn Bhd in Sabah. The company operates supermarkets all over Sabah cities. For the year ended 2018, the following are the employment remuneration benefits:

a) Net salary of the year (11% contribution) RM160,000

b) Employer contribution to EPF RM33,600

c) Personal computer for business use RM7,000

d) Reimbursement of maid salaries RM36,000

e) Reimbursement of driver salaries (employed by the company) RM20,000

f) SOCSO contribution of RM830

g) Traveling allowance (including working) RM7,000

h) Winning grand prize art competition RM7,500

i) A commission in promoting the supermarket to other regions RM10,000

Required: Compute the employment income of Mawar Beracun for YA2018.

Answer rating: 100% (QA)

To compute the employment income of Mawar Beracun for the year of assessment YA 2018 we need to cons... View the full answer