2 Jonathan and Samuel are colleagues in a company, Both of their annual taxable incomes are RM40 000. Jonathan has claimed a total of RM11 800 in tax relief while Samuel does not claim for any tax relief. Calculate the amount of taxes that Jonathan and Samuel have to pay. Refer to table 1 for the partial income tax rate in Malaysia. Chargeable Income 0 - 5 000 Calculations Rate Tax (RM) On the first 5 000 On the first 5 000 Next 15 000 (%) (RM) 5 001 – 20 000 1 150 20 001 – 35 000 On the first 20 000 150 Next 15 000 450 On the first 35 000 Next 15 000 On the first 50 000 Next 20 000 35 001 – 50 000 8 600 1 200 50 001 – 70 000 14 1 800 2 800 Table 1 Answer :
2 Jonathan and Samuel are colleagues in a company, Both of their annual taxable incomes are RM40 000. Jonathan has claimed a total of RM11 800 in tax relief while Samuel does not claim for any tax relief. Calculate the amount of taxes that Jonathan and Samuel have to pay. Refer to table 1 for the partial income tax rate in Malaysia. Chargeable Income 0 - 5 000 Calculations Rate Tax (RM) On the first 5 000 On the first 5 000 Next 15 000 (%) (RM) 5 001 – 20 000 1 150 20 001 – 35 000 On the first 20 000 150 Next 15 000 450 On the first 35 000 Next 15 000 On the first 50 000 Next 20 000 35 001 – 50 000 8 600 1 200 50 001 – 70 000 14 1 800 2 800 Table 1 Answer :
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Transcribed Image Text:2 Jonathan and Samuel are colleagues in a company, Both of their annual taxable
incomes are RM40 000. Jonathan has claimed a total of RM11 800 in tax relief while
Samuel does not claim for any tax relief. Calculate the amount of taxes that Jonathan
and Samuel have to pay. Refer to table 1 for the partial income tax rate in Malaysia.
Calculations
(RM)
On the first 5 000
On the first 5 000
Next 15 000
On the first 20 000
Next 15 000
On the first 35 000
Next 15 000
On the first 50 000
Chargeable
Income
0 - 5 000
Rate
Тах
(%)
(RM)
5 001 – 20 000
1
150
20 001 – 35 000
3
150
450
35 001 – 50 000
600
1 200
1 800
50 001 – 70 000
14
Next 20 000
2 800
Table 1
Answer :
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