Compute the gross employment income for harrison

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Reference no: EM132727592

Mr Harrison is a manager at Stadler Sdn Bhd, received the following from his employer for the year end 2017:

Salary (net value) RM 48,400

Bonus RM 7,000

Travelling Allowance (from house to work) RM 3,000

Entertainment Allowance RM 4,500

Air ticket within Malaysia:

-Free passages with his family RM3200

-Business travel to client's place RM 800

Air ticket to Australia RM 2,800

Throughout the year 2017, Harrison is provided with a 3 year- old used car which was purchased by his employer for RM 188,000. The cost of the car when new was RM 218,000.However, starting July 2017, Harrison is required by his employer to share the car with another employee, Imran. A semi-furnished accommodation, with air-conditioning, was provided to him. The rent paid by the employer is RM 3,300 per month (included 20% of furniture rent). In May 2017, Harrison welcomed two housemates, that work in the same company as him. EPF is deductible at 12%

Required:

Problem 1: Compute the Gross Employment Income for Harrison for the year of assessment 2017.

Reference no: EM132727592

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