Question: Question 2 Asia Brand Sdn Bhd ( ABSB ) was incorporated on 1 August 2 0 2 2 with paid up ordinary share capital of
Question
Asia Brand Sdn Bhd ABSB was incorporated on August with paid up ordinary share capital of RM millions. It commenced its manufacturing business on September The estimated taxpayable for year of assessment is RM The company shall close its first accounts on June
Mr Jay, the director of ABSB, contacted your tax firm and sought your advice relating to the company's tax obligations under the selfassessment system. You are to advice ABSB on these matters:
State the due date on Asia Brand Sdn Bhds submission of its estimated tax payable for year of assessment
State the due date for its first tax instalment and compute the amount of the tax instalment per month for year of assessment
State the number of instalments to be made for year of assessment and the due date for the last tax instalment.
State the months in which the revised tax estimate can be made for year of assessment
Total : marks
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