TAXATION
(REFER TO IRB WEBSITE)
En. Remy is an engineer in a private sector and his wife, Pn. Mira, is a senior lecturer in a
public university. They are preparing their tax returns for 2021. The couple have three (3)
children. The first child is married and pursuing a Bachelor’s degree in Universiti Sains
Malaysia. The second child is doing her Bachelor’s degree in accountancy in Universiti
Kebangsaan, while their younger child is in a private secondary school. Both of them agreed
that En Remy will claim the relief for all their children. Pn Mira give RM300 monthly to her
parents and has decided to claim for parents’ relief. Below is other information that they have
gathered in preparing for their 2021 tax returns.
Salary per month
Bonus
Tabung Haji dividend
EPF per month
Life insurance
Medical insurance
Books and magazines
SSPN deposits for 2021
Investment in Private Retirement
Scheme (PRS)
Medical expenses for parents
Bought a basic supporting equipment
for his disabled sibling
Purchased a notebook on 1 Dec 2021
Zakat paid in 2021
Annual tax
Donations to an approved institution
En Remy (RM)
15,000
30,000
15,000
1,650
4,200
2,400
1,000
7,500
6,000
Pn Mira (RM)
9,000
4,500
6,550
2,400
2,400
1,500
4,200
-
5,500
3,000
-
3,500
5,000
5,400
3,600
3,000
4,450
-
Based on the information above, prepare the tax returns for both of them under separate
assessment.
(20 marks)
AMEER HAMZAH BIN RAMLAN (2022764623)
TAX RETURNS 2021 for En Remy and Pn Mira /
Remy
RM
180,000
Income:
Salary
Add:
Bonus
Total Aggregate Income
Less:
Donation
Aggregate of Total Income
Tax Relief:
Individual
Parents
Second Child
Third Child
EPF
Life Insurance
Medical Insurance
Lifestyle
SSPN
PRS
Medical expenses for parents
Total Tax Relief
Chargeable Income
Income tax computation:
Tax Rate:
Remy 100,000 (24%), Mira 70,000
(21%)
Remy 59,500 (24%), Mira 19,400
(21%)
Total Income Tax
LESS: Tax Rebate:
Individual Rebate
Zakat
Tax Payable
Less: Tax deduction (MTD)/ PCB
Balance of Tax Payable
Mira
RM
108,000
30,000
210,000
4,500
112,500
3,600
206,400
112,500
9,000
8,000
2,000
4,000
3,000
2,400
2,500
7,500
3,000
5,500
46,900
159,500
9,000
3,600
2,400
2,400
1,500
4,200
23,100
89,400
10,700
4,400
14,280
4,074
24,980
8,474
5,000
3,000
19,980
5,400
14,580
5,474
4,450
1,024