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Question - On 1 January 2019, Dominic (Kenyan) was employed on the following terms:
An annual salary of Kshs 8,760,000 (PAYE Kshs 1,850,000 deducted and paid). His monthly allowances were specified as follows:-
Kshs
Entertainment 36,000
House 57,000
Medical 15,000
A reimbursement travelling allowance (for business travel) he got Kshs 540,000.
He was entitled to a Christmas bonus of 5% of his annual salary, paid pro rata to months of service. He contributed 10% of his monthly basic salary to a registered provident fund.
Required -
i) Determine Dominic's taxable income for the year ended 31 December 2018 and his tax liability.
ii) Comment on information not used.
iii) Suggest at least two ways Dominic would have legally reduced his tax liability.
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