Mrs. Ang was provided with the following employment benefits and reimbursements in 2020: (i) A partially furnished
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Mrs. Ang was provided with the following employment benefits and reimbursements in 2020:
(i) A partially furnished accommodation with a monthly rent of $4,000. The employer paid $3,600 per month and Mrs Ang paid the remaining $400.
(ii) Monthly entertainment allowance of $1,000 of which 60% is spent on business
(iii) Reimbursement for a family holiday trip of $800 (iv) Reimbursement for taxi claims of $1,200 for travel from office to clients' place.
What is Mrs. Ang's taxable employment benefit for the Year of Assessment 2021?
Related Book For
Introduction To Federal Income Taxation In Canada
ISBN: 9781554965021
33rd Edition
Authors: Robert E. Beam, Stanley N. Laiken, James J. Barnett
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