Explain the resident status of Mr. Randy and Ms. Kelly for the year of assessment...
90.2K
Verified Solution
Question
Accounting
Explain the resident status of Mr. Randy and Ms. Kelly for the year of assessment 2020.
Assignment Description You are appointed as a tax agent to Mr. Randy and his wife, Ms. Kelly for the year of assessment 2020. Employment contract of Mr. Randy in Malaysia has ended on 30th June 2020. Before leaving the country, Mr. Randy and his wife need to get a certificate letter on tax clearance from Inland Revenue Board of Malaysia. at has the following patent of stays in Malaysia since 2016: Year of assessment Date Remarks 2016 1 January - 31 December In Malaysia 2017 17 September - 20 December 21" December 2017 to 20 January 2018: Celebrate Christmas in Jakarta, Indonesia. 3 January - 30 September 1 January - 31 December In Malaysia 2020 6 January - 30 June In Malaysia 2018 2019 The details of employment income of Mr. Randy for year of assessment 2020 are as follows: A monthly salary of RM30,000 and monthly tax deductions of RM1,500. A bonus equal to one month's gross salary. Mr. Randy contributed 11% of his monthly salary towards the employees' provident fund (EPF). Reimbursements received from the company - Baker Hugh Sdn Bhd.: - taxi fares for business trips to clients and suppliers totalling RM2,300 for the year - and medical expense claims for the year totalling RM680 - Domestic servant salary amounted to RM1,400/ month

Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
- Unlimited Question Access with detailed Answers
- Zin AI - 3 Million Words
- 10 Dall-E 3 Images
- 20 Plot Generations
- Conversation with Dialogue Memory
- No Ads, Ever!
- Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Other questions asked by students
StudyZin's Question Purchase
1 Answer
$0.99
(Save $1 )
One time Pay
- No Ads
- Answer to 1 Question
- Get free Zin AI - 50 Thousand Words per Month
Best
Unlimited
$4.99*
(Save $5 )
Billed Monthly
- No Ads
- Answers to Unlimited Questions
- Get free Zin AI - 3 Million Words per Month
*First month only
Free
$0
- Get this answer for free!
- Sign up now to unlock the answer instantly
You can see the logs in the Dashboard.