Mrs. Adul is a professional medical doctor, practicing in Nairobi. Given below are the financial details of her clinic for the year ended 31 December 2020. Sh. Gross professional fees received Directors fees received(deductions at source) Interest income from AB Bank Ltd. – Gross Dividend income (net) Subscriptions to professional association and publications Donations to destitute children’s home Subscriptions to a Wildlife Magazine Debt collection (patients) expenses Wages for clinic assistant Replacement of clinic instruments Rent for the clinic premises Electricity and water – clinic General expenses – clinic Car hire expenses – for use in practice Uniforms for staff Payment of school fees for own children Contribution to Registered Provident Fund-self Payment of life insurance premium-self Terminal benefits paid to retired receptionist Depreciation on furniture – clinic Rents received from sub-rentals Rent collection expenses Wages paid to cleaners and watchman – clinic Tarmacking of drive-way-personal residence Additional servant quarters – personal residence. 3,000,000 360,000 72,000 102,000 60,000 30,000 6,000 18,000 360,000 120,000 420,000 120,000 210,000 150,000 115,000 120,000 180,000 60,000 150,000 36,000 42,000 6,000 150,000 240,000 420,000 Taxable income of Mrs. Abdul for the year ended 31 December 2020. Tax payable by Mrs.Abdul. Indicate the date when the tax, if any, is payable to the Income Tax Department. What is the tax position on a wife’s income?
Mrs. Adul is a professional medical doctor, practicing in Nairobi. Given below are the financial details of her clinic for the year ended 31 December 2020.
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Gross professional fees received Directors fees received(deductions at source) Interest income from AB Bank Ltd. – Gross Dividend income (net) Subscriptions to professional association and publications Donations to destitute children’s home Subscriptions to a Wildlife Magazine Debt collection (patients) expenses Wages for clinic assistant Replacement of clinic instruments Rent for the clinic premises Electricity and water – clinic General expenses – clinic Car hire expenses – for use in practice Uniforms for staff Payment of school fees for own children Contribution to Registered Provident Fund-self Payment of life insurance premium-self Terminal benefits paid to retired receptionist Rents received from sub-rentals Rent collection expenses Wages paid to cleaners and watchman – clinic Tarmacking of drive-way-personal residence Additional servant quarters – personal residence. |
3,000,000 360,000 72,000 102,000 60,000 30,000 6,000 18,000 360,000 120,000 420,000 120,000 210,000 150,000 115,000 120,000 180,000 60,000 150,000 36,000 42,000 6,000 150,000 240,000 420,000 |
Taxable income of Mrs. Abdul for the year ended 31 December 2020.
Tax payable by Mrs.Abdul.
Indicate the date when the tax, if any, is payable to the Income Tax Department.
What is the tax position on a wife’s income?
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