INSTRUCTION: This section consists of FOUR (4) structured questions. Answer ALL the questions.

Transcription

1 INSTRUCTION: This section consists of FOUR (4) structured questions. Answer ALL the questions. ARAHAN: Bahagian ini mengandungi EMPAT (4) soalan berstruktur. Jawab SEMUA soalan. QUESTION 1 C1 (a) List FIVE (5) powers of the Director General of Inland Revenue Board (IRB) under section 90 and 91 Income Tax Act [5 marks] C4 (b) Harun Azizi, a famous singer from Singapore arrived in Malaysia on 10 May 2011 and left Malaysia permanently on 31 July His pattern of stays in Malaysia was as follows: Year of assessment Period May 16 June 1 December 31 December January 31 December January 5 February January 28 February 1 March 15 May January 31 July Determine the residence status of Harun Azizi for the year of assessment 2011 until 2015 with the relevant sub-section of Income Tax Act [15 marks] C5 (c) Propose the appropriate reasons for every sub-sections, ITA 1967 that is given for answer (b) for the year of assessment 2011 until [5 marks] 2 SULIT

2 SOALAN 1 C1 (a) Senaraikan LIMA (5) kuasa Ketua Pengarah Lembaga Hasil Dalam Negeri (LHDN) mengikut seksyen 90 dan 91, Akta Cukai Pendapatan [5 markah] C4 (b) Harun Azizi, penyanyi terkenal dari Singapura tiba di Malaysia pada 10 Mei 2011 dan meninggalkan Malaysia selama-lamanya pada 31 Julai Tempoh beliau berada di Malaysia adalah seperti berikut : Tahun taksiran Tempoh Mei 16 Jun 1 Disember 31 Disember Januari 31 Disember Januari 5 Februari Januari 28 Februari 1 Mac 15 Mei Januari 31 Julai Tentukan status mastautin bagi Harun Azizi untuk tahun taksiran 2011 sehingga 2015 beserta dengan sub-seksyen yang berkaitan dengan Akta Cukai Pendapatan [15 markah] C5 (c) Cadangkan alasan yang bersesuaian bagi setiap sub-seksyen, Akta Cukai Pendapatan 1967 yang diberikan di jawapan (b) bagi tahun taksiran 2011 hingga [5 markah] 3 SULIT

3 QUESTION 2 CLO2 C1 (a) (i) List FIVE (5) types of employment income under section 13(1)(a) Income Tax Act [5 marks] (ii) An employee receiving gratuity on retirement from an employment would be exempted from income tax under any one of the following circumstances. State FIVE (5) exemptions of gratuity under Paragraph 25 of Schedule 6, Income Tax Act [5 marks] (b) Encik Karim, a Malaysian resident, has a contract of employment with Delima Muda Sdn. Bhd. His incomes for the year 2015 are as follows: Salary RM 156,000 Entertainment allowance RM 40,000 Bonus RM 26,000 Additional information: 1. Reimbursement of salary in respect of a driver employed by him amounted to RM 4, A domestic servant for Encik Karim was employed by Delima Muda Sdn. Bhd. at a monthly salary of RM 950 commencing 1 May The child care allowance for his daughter, amounted RM 2, The company provided him a new car which cost RM 300,000, including the petrol. 5. Hotel room charges of RM 18,000 from 1 January to 31 March The company provided him an unfurnished house from 1 April 2015 to 31 December The company paid the rental at RM 5,000 per month. 7. He incurred entertainment expenses of RM 43,000 in carrying out of his official duties. 4 SULIT

4 CLO2 C2 Required: Compute the adjusted employment income of Encik Karim for the year of assessment [15 marks] SOALAN 2 CLO2 C1 (a) (i) Senaraikan LIMA (5) jenis pendapatan penggajian yang tertakluk di bawah sekyen 13(1)(a) Akta Cukai Pendapatan [5 markah] (ii) Seseorang pekerja yang menerima ganjaran di atas persaraan daripada penggajian akan dikecualikan daripada cukai di bawah keadaan-keadaan berikut. Nyatakan LIMA (5) pengecualian terhadap ganjaran di bawah Perenggan 25, Jadual 6, Akta Cukai Pendapatan [5 markah] (b) Encik Karim adalah seorang pemastautin di Malaysia mempunyai kontrak dengan Delima Muda Sdn. Bhd. Pendapatannya untuk tahun 2015 adalah seperti berikut: Gaji RM 156,000 Elaun keraian RM 40,000 Bonus RM 26,000 Maklumat tambahan: 1. Pembayaran balik gaji berkaitan pemandu yang diambil bekerja olehnya berjumlah RM 4, Seorang pembantu rumah tempatan untuk Encik Karim yang digajikan oleh Delima Muda Sdn. Bhd. dengan gaji bulanan sebanyak RM 950 bermula 1 Mei Elaun penjagaan anak untuk anak perempuannya berjumlah RM 2, Syarikat menyediakannya sebuah kereta baru yang mana kosnya RM 300,000, termasuk petrol. 5 SULIT

5 5. Caj bilik hotel berjumlah RM 18,000, dari 1 Januari hingga 31 Mac Syarikat menyediakan kepadanya rumah tanpa perabot dari 1 April 2015 hingga 31 Disember Syarikat membayar sewa RM 5,000 sebulan. 7. En. Karim melibatkan belanja keraian berjumlah RM 43,000 dalam menjalankan tugas rasminya. CLO2 C2 Dikehendaki: Kirakan pendapatan larasan penggajian Encik Karim untuk tahun taksiran [15 markah] QUESTION 3 CLO3 C1 (a) You are required to provide an appropriate answer for all situations below with the suitable reasons to support your answer. (i) I have to bear the expenses of my mother, father and siblings. Can I claim tax relief for this situation? (ii) (iii) (iv) I had an accident which resulted in the loss of both legs and certified by a doctor as a disabled person forever. Can I claim a deduction for individual with disability? I have two wives. Can I claim tax relief for both my wives? Will I be entitled for tax relief of my child if the child is outside the country? (v) I bought a personal computer in August 2014 at the price of RM 3,850 and has claimed tax relief in the year of assessment Then I bought a personal computer again in January 2015 at the cost of RM 2,500. Can I claim tax relief on computer on the year of assessment 2015? [5 marks] 6 SULIT

6 CLO3 C2 (b) Below are the details of the income for Mr. Hasnul for the year of assessment RM i) Adjusted business income 132,500 Business loss carry forward ,000 Capital allowance ,000 Unabsorbed capital allowance ,000 ii) Dividend received: - Kenari Hijau Bhd. 5,000 iii) Royalty (translate book) 12,500 iv) Interest received: - Maybank 250 Calculate the aggregate income for Mr. Hasnul for the year of assessment [5 marks] (c) Below is the information about income and expenses for Jasmadi and Munirah for the year of assessment Aggregate income - Jasmadi RM 78,000 - Munirah RM 50,780 Additional information: i. Approved donations and gifts: - Jasmadi RM 7,120 cash - Munirah RM 1,000 cash. ii. Details of Jasmadi and Munirah's children: Child Remarks Aisyah 22 years old, studying at UKM and married to Aisham. Alia 20 years old, still studying in Japan in Bachelor of Electrical Engineering. 7 SULIT

7 iii. Life insurance premium, medical insurance paid and EPF contribution are as follow: Jasmadi (RM) Munirah (RM) Premium paid on life insurance 3,000 1,800 Medical insurance premium 1,250 1,570 EPF contribution 6,200 2,400 iv. Jasmadi paid medical bills amounted to RM 4,000 for his daughter, Alia. His daughter was suffering a heart disease. He also paid the full medical examination bills for himself amounted to RM800. v. Jasmadi and Munirah incurred RM 1,400 and RM 1,000 respectively on reading materials in the basis year of vi. Jasmadi paid zakat of RM 1,810 while the zakat paid by his wife amounted to RM 800. CLO3 C3 Required: Prepare the calculation of tax payable for Jasmadi and Munirah for the year of assessment 2015, if they opt for joint assessment. [15 marks] SOALAN 3 CLO3 C1 (a) Anda dikehendaki memberikan jawapan yang sesuai untuk semua situasi di bawah beserta alasan yang menyokong jawapan anda. (i) (ii) Saya telah menanggung perbelanjaan ibu, bapa dan adik beradik saya. Adakah saya boleh menuntut pelepasan cukai untuk situasi ini? Saya telah mengalami kemalangan yang mengakibatkan kehilangan kedua-dua belah kaki dan disahkan oleh doktor sebagai orang hilang upaya selama-lamanya. Adakah saya layak untuk menuntut pelepasan sebagai individu kurang upaya? 8 SULIT

8 (iii) (iv) (v) Saya mempunyai dua orang isteri. Bolehkah saya menuntut pelepasan cukai bagi kedua-dua isteri saya? Adakah saya layak untuk menuntut pelepasan anak sekiranya anak saya berada di luar negera? Saya telah membeli komputer peribadi pada Ogos 2014 dengan harga RM 3,850 dan telah menuntut pelepasan cukai pada tahun taksiran Kemudian saya telah membeli sebuah lagi komputer peribadi pada Januari 2015 dengan kos RM 2,500. Bolehkan saya menuntut pelepasan komputer pada tahun taksiran 2015? [5 markah] (b) Di bawah merupakan butiran pendapatan bagi En. Hasnul bagi tahun taksiran RM i) Pendapatan terlaras perniagaan 132,500 Kerugian perniagaan bawa hadapan ,000 Elaun modal ,000 Elaun modal tidak diserap ,000 ii) Dividen diterima: - Kenari Hijau Bhd. 5,000 iii) Royalti (terjemahan buku) 12,500 iv) Faedah diterima: - Maybank 250 CLO3 C2 Kirakan pendapatan aggregat untuk En. Hasnul bagi tahun taksiran [5 marks] (c) Di bawah merupakan maklumat berkaitan dengan pendapatan dan perbelanjaan bagi Jasmadi and Munirah untuk tahun taksiran 2015: Pendapatan aggregat - Jasmadi RM 78,000 - Munirah RM 50,780 9 SULIT

9 Maklumat tambahan: i. Derma dan hadiah yang diluluskan: - Jasmadi RM 7,120 tunai. - Munirah RM 1,000 tunai. ii. Maklumat berkaitan anak-anak Jasmadi dan Munirah. Anak Catatan Aisyah 22 tahun, masih belajar di UKM dan telah berkahwin dengan Aisham. Alia 20 tahun, masih belajar di Jepun di dalam bidang Ijazah Sarjana Muda Kejuruteraan Elektrik. iii. Sumbangan premium insurans nyawa, insuran perubatan dan KWSP adalah seperti berikut: Jasmadi (RM) Munirah (RM) Premium insurans nyawa 3,000 1,800 Premium insurans perubatan 1,250 1,570 Caruman KWSP 6,200 2,400 iv. Jasmadi telah membayar bil perubatan berjumlah RM 4,000 anaknya, Alia. Anak perempuannya mengidap penyakit jantung. Dia juga telah membayar bil pemeriksaan perubatan penuh untuk diri sendiri berjumlah RM 800. v. Jasmadi dan Munirah telah membelanjakan sebanyak RM 1,400 dan RM 1,000 untuk bahan-bahan bacaan di dalam tahun asas vi. Jasmadi telah membayar zakat sebanyak RM 1,810 manakala isterinya pula telah membayar zakat sebanyak RM 800. CLO3 C3 Dikehendaki: Sediakan pengiraan jumlah cukai yang perlu dibayar oleh Jasmadi dan Munirah bagi tahun taksiran 2015 jika mereka memilih taksiran bersama. [15 markah] 10 SULIT

10 QUESTION 4 Kakikereta.com is a car shop which sells a variety of cars around Melaka. Mr. Irham is the owner of the business. The Statement of Comprehensive Income for the year ended 31 December 2015 are as follows: NOTES RM RM Sales 1 567,350 - Cost of sales 183,490 Gross Profit 383,860 + Other income: Dividend 2 43,850 Rental 55,700 Interest from RHB Berhad 21, , ,950 - Expenses: Compound and penalties 10,520 Salaries 3 132,960 Professional fees 4 20,200 Advertisement 5 10,200 Utilities 6 12,580 Insurance 7 4,600 Provision of bad debt 8 12,800 Depreciation 22,750 Miscellaneous expenses 9 107,580 Donation 10 24, ,990 Net profit 145,960 Notes to account: 1) Profit from the sales of an old lorry is included amounting RM 37,350 2) Dividend are received from investment in: Kota Girang Bhd. amounting RM 32,650 Amanah Saham Wawasan amounting RM 11, SULIT

11 3) The details for salary are as follows: Employee Gross Salary (annually) EPF Employer Contribution EPF Employee Contribution Irham (owner) 55,200 11, Iskandar 26,800 4, Helmi (disable) 18,000 3, ) Professional fee consists of: RM Taxation fee 12,200 Secretary fee 5,600 Audit fee 2,400 5) Included in advertisement are changing a static signboard to electronic signboard costing RM 4,500 and the balance is used for promotion expenses 6) 40% of utilities expenses of are used for private purpose. 7) Insurance is for his daughter, Rania 8) Provision of bad debt consists of: RM Specific provision 7,350 General provision 5,450 9) Below are the particular on miscellaneous expenses: RM Repairing personal car 1,400 Bought new lorry 100,200 (Annual Allowance: 20%) Petrol expenses for his wife 1,300 Repainting of the owner s car 1,890 Entertainment for potential customer 2,300 Postage and stationaries ) Donation: RM Donation to Madrasah Tahfiz (unapproved) 10,000 Donation to State Library 14, SULIT

12 Required: C1 a) Identify the balancing charge / balancing allowances if the lorry sold with the price of RM 35,500 after 3 years. [10 marks] C3 b) Calculate Statutory Income for Mr. Irham for the year of assessment [10 marks] C2 c) Calculate income tax payable by Mr. Irham for the year of assessment [5 marks] 13 SULIT

13 SOALAN 4 Kakikereta.com ialah kedai kereta yang menjual pelbagai jenis kereta sekitar Melaka. En. Irham ialah pemilik kedai tersebut. Penyata Pendapatan Komprehensif bagi tahun berakhir 31 Disember 2015 adalah seperti berikut: NOTA RM RM Jualan 1 567,350 - Kos jualan 183,490 Untung kasar 383,860 + Pendapatan lain: Dividen 2 43,850 Sewa 55,700 Faedah daripada RHB Berhad 21, , ,950 - Perbelanjaan: Kompaun dan penalti 10,520 Gaji 3 132,960 Yuran profesional 4 20,200 Pengiklanan 5 10,200 Utiliti 6 12,580 Insuran 7 4,600 Peruntukan hutang lapuk 8 12,800 Susutnilai 22,750 Belanja pelbagai 9 107,580 Derma 10 24, ,990 Untung bersih 145,960 Nota kepada akaun: 1) Keuntungan daripada jualan lori lama termasuk di dalam jualan bernilai RM 37,350. 2) Dividen diterima daripada pelaburan berikut: Kota Girang Bhd bernilai RM 32,650 Amanah Saham Wawasan bernilai RM 11, SULIT

14 3) Maklumat lanjut berkaitan gaji adalah seperti berikut: Pekerja Gaji kasar (tahunan) Sumbangan KWSP majikan Sumbangan KWSP pekerja Irham (pemilik) 55,200 11, Iskandar 26,800 4, Helmi (cacat) 18,000 3, ) Yuran profesional adalah termasuk: RM Yuran percukaian 12,200 Yuran setiausaha 5,600 Yuran audit 2,400 5) Termasuk di dalam pengiklanan adalah pertukaran papan tanda statik kepada papan tanda elektronik melibatkan kos sebanyak RM 4,500 dan bakinya digunakan untuk belanja promosi. 6) 40% daripada belanja utiliti digunakan untuk tujuan peribadi. 7) Insuran adalah untuk anak beliau iaitu Rania. 8) Peruntukan hutang lapuk termasuklah: RM Peruntukan khusus 7,350 Peruntukan umum 5,450 9) Berikut adalah maklumat lanjut tentang pelbagai belanja: Membaiki kereta peribadi 1,400 Membeli lori baru 100,200 (Elaun tahunan: 20%) Belanja petrol untuk isteri 1,300 Mengecat semula kereta pemilik 1,890 Belanja keraian untuk bakal pelanggan 2,300 Alat tulis dan pengeposan ) Derma: Derma kepada Madrasah Tahfiz (tidak diluluskan) 10,000 Derma kepada Perpustakaan Negeri 14, SULIT

15 Dikehendaki: C1 a) Kenalpasti caj imbangan/ elaun imbangan jika lori dijual dengan harga RM 35,500 selepas 3 tahun. [10 markah] C3 b) Kira pendapatan berkanun En. Irham bagi tahun taksiran [10 markah] C2 c) Kirakan cukai pendapatan yang perlu dibayar oleh En. Irham bagi tahun taksiran [5 markah] SOALAN TAMAT 16 SULIT

16 APPENDIX INCOME TAX RATES FOR YEAR ASSESSMENT 2015 Resident Individual Chargeable Income (RM) Tax Rate (%) Tax (RM) First 5,000 0 Next 15, First 10, Next 10, First 20, Next 15, First 35, Next 15, ,500 First 50,000 2,400 Next 20, ,200 First 70,000 5,600 Next 30, ,300 First 100,000 11,900 Next 50, ,000 First 150,000 23,900 Next 100, ,000 First 250,000 47,900 Next 150, ,700 Exceeding 400, CAPITAL ALLOWANCES Initial allowance Rate (%) Annual allowance Rate (%) Plant & machinery - General Motor vehicles and heavy machinery Office equipment, furniture and fittings SULIT

17 PERSONAL RELIEF AND ALLOWANCES RELIEF RM Self 9,000 Disabled self, additional 6,000 Spouse/Alimony payments 3,000 Disabled spouse, additional 3,500 Medical expenses for parents maximum 5,000 Medical expenses for serious disease maximum 6,000 Complete medical examination maximum 500 Basic supporting equipment maximum 6,000 Purchase of sports equipment maximum 300 Education fees maximum 5,000 Expenses on books maximum 1,000 Child each 1,000 Child higher rate each 6,000 Disabled child each 6,000 Disabled child, additional each 6,000 Life insurance premiums and contribution to approve maximum 6,000 funds Private retirement scheme, deferred annuity premiums maximum 3,000 Medical and/or educational insurance premiums for self, maximum 3,000 spouse and child Purchase of personal computer maximum 3,000 Deposit for a child into the National Education Saving maximum 6,000 Scheme Special Relief (Aggregate Income not exceed RM96,000 annually) 2, SULIT

18 REBATES Chargeable income not exceeding RM 35,000 RM Individual 400 Spouse 400 THE PRESCRIBED VALUE OF MOTORCAR AND ITS RELATED BENEFITS Cost of motorcar (new) (RM) Annual prescribe benefit of motorcar Annual prescribe benefit of petrol (RM) (RM) Up to 50,000 1, ,001 75,000 2, , ,000 3,600 1, , ,000 5,000 1, , ,000 7,000 1, , ,000 9,000 2, , ,000 15,000 2, , ,000 21,250 2, ,001 and above 25,000 3,000 The value of the car benefit is equal to half the prescribed annual value (above) if the car provided is more than five (5) years old. When a driver is provided by the employer, the value of the benefits is fixed at RM 600 per month. 19 SULIT

19 OTHER BENEFITS RM per month Semi-furnished with furniture in the lounge, dining room or 70 bedroom Semi-furnished with furniture as above plus air-conditioners 140 and/or curtains and carpets Fully furnished premises SULIT