Puan Dayana, has been working with UniMAP as a Senior Lecturer since 1 October 2008. Beginning 1
Question:
Puan Dayana, has been working with UniMAP as a Senior Lecturer since 1 October 2008. Beginning 1 January 2021, she receives salary and allowances of RM10,500 and RM1,500 per month respectively. On 30 April 2021, she reaches her retirement age of 56 years old. Effective from 1 May 2021 she will receive a monthly pension of RM5,750. Upon retirement, she received a payment of 150 days replacement leave amounting to RM45,000. She also received RM200,000 gratuity payment.
On 1 June 2021, Puan Dayana joined Chantek Sekali Sdn Bhd as a Senior Manager. Details of her employment remuneration benefits from Chantek Sekali Sdn Bhd for 2021 are as follows:
RM | |
Salary (net, after deducting EPF contribution of 11%) | 4,450 per month |
Bonus | ½ month salary |
Medical bills paid by the employer | 950 |
Entertainment allowance | 700 per month |
Personal computer for business use | 6,000 |
Gardener (hired and paid by the company) – 1 July 2021 | 350 per month |
SOCSO contribution by employer | 1,200 |
Other information:
- For the first month of her employment, Puan Dayana was put up in a hotel. The room rate is RM150 per night. Puan Dayana then moved into a bungalow (unfurnished) provided by the company on 1 July 2021. The rateable value of this accommodation is RM2,500 per month. Rental of RM1,000 per month was paid by Puan Dayana to the company.
- A motor car was acquired by the company at a cost of RM105,000 about six years ago. This car was provided to Puan Dayana together with a driver who was paid RM400 per month. The company also provided a fuel card to Puan Dayana.
- In December 2021, as a reward for successfully securing a big project, the company granted a 15 days trip to Jakarta to Puan Dayana and her family (husband and 2 sons). All expenses amounting to RM3,200 per head (inclusive of air ticket RM1099) was borne by the company.
- Reimbursement of expenses in relation to:
- Servant’s salary of RM3,600
- Business trips visiting customers and suppliers RM8,000
iv. Puan Dayana produced entertainment bills totaling RM11,300 which were fully expended in carrying out her duties as a Senior Manager of the company.
Required: Calculate the adjusted employment income of Puan Dayana for the year of assessment 2021.
