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EMPLOYMENT INCOME

STATUTORY EMPLOYMENT INCOME ENCIK AMIRUL FOR THE YEAR 2018


SEC.131(1)(a) CASH OR CONVERTIBLE SEC.13(1)( c) VALUE FOR LIVING
(RM) (RM)
INTO CASH ACCOMODITION
Salary [(?+?) x100/89 x mth] DV=(rent-value furntr)xmth
Petrol Allowance (exemption 6k) @ 30%x[sec.13(1)(a)-share option]
Bonus
Graduity [(?-(exemption 1k x yrs)]
Club membership individual
Travelling Allowance (exemption 6k)
Share Option
Child Allowance (exemption 2k)
Reimbursement (full paid)

SEC.13(1)(b) BENEFIT IN KIND SEC.13(1)(d) RETURN TO CONTRIBUTION


(RM) TO UNAPPROVED FUND (CTUF) (RM)

Servant (400xmth)
Driver (600xmth)
Gardener (300xmth)
Guard (400xmth)
Car (?/2 x mth/12) over 5yrs
Leave Passage
Malaysia (Full Exemption)
OverC -Airfair (exemption 3k)
-Hotel + Meal
Fully Furnished (?/12 x mth)
Corporate membership
Medical Bills (Full exemption)
SEC.13(1)(e) COMPENSATION FOR LOSS (RM)
OF EMPLOYMENT (CLE)
Compensation loss employment
(exemption 10k x yr)

GROSS EMPLOYMENT INCOME


(LESS): SEC.33 (ALLOWABLE EXPENSES)
Petrol Expenses (exemption 6k)
Travelling Expenses (exemption 6k)

STATUTORY EMPLOYMENT INCOME


EMPLOYMENT INCOME
STATUTORY EMPLOYMENT INCOME ENCIK AMIRUL FOR THE YEAR 2018
SEC.131(1)(a) CASH OR CONVERTIBLE SEC.13(1)( c) VALUE FOR LIVING
(RM) (RM)
INTO CASH ACCOMODITION
Salary (11,750 + 1,200)x100/89x10mth) 145,506 Condominium
Bonus(145506/10mthx1mth) 14,551 DV=(2500-0)x 10mth =25000 25,000
Graduity(200000 - (1000 x 3 years)] 197,000 @ 30%x[sec.13(1)(a)-share option]
Travelling Allowance (800x10(-6000)) 2,000 30% x (384056 - 10000) = 112216
Share Option (6-4)x5000 10,000 25,000
Child Allowance (200x10(-2000)) NIL
Entertainment Allowance (1500x10) 15,000
384,056

SEC.13(1)(b) BENEFIT IN KIND SEC.13(1)(d) RETURN TO CONTRIBUTION


(RM) TO UNAPPROVED FUND (CTUF) (RM)

Servant (400x10mth) 4,000 Withdrew unapproved fund


Driver (600x10mth) 6,000 (70% x RM160,000) 112,000
Car (5000 x 10/12) 4,167 112,000
Leave Passage
OverC -Airfair (15000-3000) 12,000
-Hotel 5,500
-Meal 4,500
Corporate membership (350x10mth) 3,500
39,667

SEC.13(1)(e) COMPENSATION FOR LOSS (RM)


OF EMPLOYMENT (CLE)
Compensation loss of employment
(RM150,000 - (RM10,000 x 3 years) 120,000
120,000
GROSS EMPLOYMENT INCOME 680,723
(LESS): SEC.33 (ALLOWABLE EXPENSES)
Entertainment Expenses (1/3x15000) (5,000)
Travelling Expenses (exemption 6k)

STATUTORY EMPLOYMENT INCOME 675,723

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