Find the statutory employment income of mis azizah

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Reference no: EM132725871

Miss Azizah Nasir was a manager in accounting department of Puncak Niaga Sdn Bhd since 1 February 2012. Effective from 1 May 2016, she took one month paid leave and opted for early retirement on 1 June 2016. She received gratuity of RM 16,500 for services rendered.

Details of her remuneration and benefits received from Puncak Niaga Sdn Bhd in 2016 were as follows:

a. Salary of RM 7,950 per month after EPF deduction of 11%, hire purchase loan amounting of RM 800 and scheduler with the company.

b. She received a gift voucher during Hari Raya Aidilfitri festival amounting to Rm 1,000 based on her length of service with the company.

c. She received a set of jewellery costing RM 5,000 for excellent service in year 2016.

d. She was provided with unfurnished house with a defined value of Rm 18,000 per annum until 31 March 2016. She was required to pay RM 400 per month as a rental to the company.

e. The company paid RM 10,000 for medical treatment for her mother.

f. The company paid a monthly subscription fo Rm 300 for corporate membership in a recreational club. Miss Azizah entitle to the club facilities until 31 May 2016.

Required:

Problem 1: Compute the statutory employment income of Mis Azizah for the year of assessment 2016?

Reference no: EM132725871

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