Simon's employer is considering improving Simon's current remuneration package by offering him a leave passage of up to a maximum of RM8,000 per year, including hotel accommodation and meals. Explain the tax treatment, from the employee's perspective, of both local and overseas leave passages for travel, hotel accommodation and meals and state which would be more tax efficient for Simon.

Simon's employer is considering improving Simon's current remuneration package by offering him a leave passage of up to a maximum of RM8,000 per year, including hotel accommodation and meals. Explain the tax treatment, from the employee's perspective, of both local and overseas leave passages for travel, hotel accommodation and meals and state which would be more tax efficient for Simon.

CONCEPTS IN FED.TAX.,2020-W/ACCESS

20th Edition

ISBN:9780357110362

Author:Murphy

Publisher:Murphy

Chapter6: Business Expenses

Section: Chapter Questions

Problem 56P

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