Suria A Resident In Malaysia, Is A Managing Director At Suria & Family (Management) Sdn. Bhd. She
Fantastic news! We've Found the answer you've been seeking!
Question:
Suria A Resident In Malaysia, Is A Managing Director At Suria & Family (Management) Sdn. Bhd. She reported the following incomes for the year assessment 2021:
Required :
Compute the aggregate income of Suria for the year assessment 2021.
Transcribed Image Text:
1. Employment Income Income (per month): a. Salary b. Maid allowance Car allowance C. d. Housing allowance 2. Dividend a. Net dividend received from Sepakat Bhd. b. Net dividend remitted and received from an Australian company (after 30% company tax rate) 3. Interest 2 a. Interest received from Bon Simpanan Malaysia Annual hibah received from Tabung Haji account b. 4. Royalty a. Book publication entitled "Accounting for Dummies" b. Translation of book entitled "Cabaran Globalisasi Terhadap Pencukaian", at the request of Ministry of Higher Education Recording disc entitled "CorporateTax.com made Easy" C. RM 7,000 600 800 1,000 RM 1,250 700 RM 500 300 RM 30,000 22,000 10,000 1. Employment Income Income (per month): a. Salary b. Maid allowance Car allowance C. d. Housing allowance 2. Dividend a. Net dividend received from Sepakat Bhd. b. Net dividend remitted and received from an Australian company (after 30% company tax rate) 3. Interest 2 a. Interest received from Bon Simpanan Malaysia Annual hibah received from Tabung Haji account b. 4. Royalty a. Book publication entitled "Accounting for Dummies" b. Translation of book entitled "Cabaran Globalisasi Terhadap Pencukaian", at the request of Ministry of Higher Education Recording disc entitled "CorporateTax.com made Easy" C. RM 7,000 600 800 1,000 RM 1,250 700 RM 500 300 RM 30,000 22,000 10,000
Expert Answer:
Answer rating: 100% (QA)
To calculate Surias income for the year assessment 2021 we need to add up the various sources of income and deduct any allowable expenses Lets break i... View the full answer
Posted Date:
Students also viewed these accounting questions
-
Ali Firas is a Managing Director at Best Paint Company in Johor Bahru while Aisyah Sofea is a manager at one of the local bank in Malaysia. His monthly income is RM20,000.00 with 2 months of bonus...
-
Encik Hashim, a resident in Malaysia for the basis year 2020, is a lecturer in UiTM. He also operates a tuition center Pusat Pelajar Cemerlang (PPC) since 2018. For the tuition center he rented a...
-
Sara, a resident in Malaysia bought a semi-detached house in Darul Aman Hills, Jitra on 1 March 2017. In December 2018, her property was damaged due to landslide as her house was near the hill. As a...
-
A slipper-pad bearing (Fig. P1023) is often encountered in lubrication problems. Oil flows between two blocks; the upper one is stationary, and the lower one is moving in this case. The drawing is...
-
Equation (7.1b) assumes that the boundary layer on the plate is turbulent from the leading edge onward. Devise a scheme for determining the boundary-layer thickness more accurately when the flow is...
-
Kinder Company has the following balances in selected accounts on June 30, 2021, its fiscal year end. Accounts Receivable ................................................. $ 0 Accumulated...
-
Workplace bullying and intention to leave. Workplace bullying has been shown to have a negative psychological effect on victims, often leading the victim to quit or resign. In Human Resource...
-
Marlys Consolidated has several divisions, two of which transfer their products to other divisions. The Mining division refines toldine, which it then transfers to the Metals division. The Metals...
-
Whirly Corporation's contribution format income statement for the most recent month is shown below: Total $ 270,000 162,000 108,000 56,000 $ 52,000 Per Unit $ 30.00 18.00 $ 12.00 Sales (9,000 units)...
-
What similarities exist with the job activities of the owner of an automotive repair shop that employs two people and the executive director of the Canadian Cancer Society?
-
MAA Logged in as Sarah Che MATHEMATICAL ASSOCIATION OF AMERICA
-
what ways do mindfulness-based stress reduction (MBSR) techniques contribute to reducing stress, and what are their limitations ?
-
How do search engines understand "user experience" to evaluate organic rankings?
-
How do you think a risk manager might work through a difference of opinion with a unit manager? Explain in details.
-
How do transnational organizations and agreements influence national sovereignty and political autonomy ?
-
How do individuals reconcile the tension between rational deliberation and emotional impulses when making consequential decisions amidst volatile environments, and to what extent does the phenomenon...
-
The Futures Position (c) Worried about a volatile exchange rate, three months ago your institution also entered into a short position in oneyear currency futures contracts on USD15 million. At the...
-
Gopher, Inc. developing its upcoming budgeted Costs of Quality (COQ) with the following information: Expense Item Budget Raw Materials Inspection $ 15,000 EPA Fine 200,000 Design Engineering 15,000...
-
Back/knee strength, gender, and lifting strategy. Human Factors (Dec. 2009) investigated whether back and knee strength dictates the load-lifting strategies of males and females. A sample of 32...
-
Can money spent on gifts buy love? Refer to the Journal of Experimental Social Psychology (Vol. 45, 2009) study of LO4 whether buying gifts truly buys love, Exercise 1.33 (p. 51). Recall that study...
-
Taste preferences of cockatiels. Applied Animal Behaviour Science (Oct. 2000) published a study of the taste preferences of caged cockatiels. A sample of birds bred at the University of California at...
![Mobile App Logo](https://dsd5zvtm8ll6.cloudfront.net/includes/images/mobile/finalLogo.png)
Study smarter with the SolutionInn App