You are working as a tax advisor in BestTax & Co. and your close friend, Monica, seeks…


SECTION A All interrogations are obligatory 1. You are efforting as a tax advisor in BestTax & Co. and your halt adherent, Monica, seeks for your tax teaching. Upon ordination from the University of Nottingham (UK) in July 2019, Monica commenced her original avocation succeeding a while Cookware Bhd (CWB), a tax sojourner consequence in Malaysia, as an Interior Auditor, succeeding a while goods from 16 November 2019. She left for UK to consider on 1 September 2016 and not returned to Malaysia prepare 10 November 2019. CWB involves in manufacturing of kitchen equipment and it has ten manufacturing plants in the ASEAN portion. Monica efforts at the CWB's ruler tenure in Kuala Lumpur. CWB has five relativees located in the West of the Peninsular Malaysia. During the bound 1 January 2020 to 31 December 2020 she ordinary the forthcoming remunerations which is cherished as a every-year quantity, unless methodic otherwise: 1. She ordinary a hire of MYR4,800 per month, succeeding abatement of EPF at 11% and monthly tax scheduler of MYR450. 2. CWB contributed 13% of her hire to the EPF. 3. She ordinary the forthcoming restorations: Meal restoration - MYR2,400. Housing restoration (from 1 January to 29 February 2020) - MYR1,300. Parking restoration - MYR1,800. 4. CWB compensated for her fickle phone bills quantityed to MYR2,760, in which 30% of the bills were allied to her job duty. 5. As she is required to effect interior audit at the five CWB's relativees, on 1 January 2020, CWB supposing her succeeding a while a 3-year old Honda CRV at a absorb of MYR55,000 concertedly succeeding a while fuel quantityed to MYR1,600. The identical car would absorb the consequence MYR135,000 when it is new. One of her colleagues car-pooled succeeding a while her to effort when his car was sent for main recover for two months i.e. July and August 2020. She has to-boot late MYR1,200 to upgrade the investigate scheme of the car. 6. Succeeding a while goodsive from 1 March 2020, she stays in a double-storey terrace progeny supposing by CWB, succeeding a while two other colleagues. CWB rented the progeny for MYR2,200 per month and incurred generous furnishings for the progeny quantityed to MYR15,000. 7. She has enrolled into the ICAEW sequence in January 2020. The schooling fees for the sequence is MYR14,000 and CWB has compensated 80% of the schooling fees for her. 8. Her medical expenses compensated by CWB quantityed to MYR1,700. In adduction, CWB compensated MYR300 for an hour spa texture succeeding the interior audit omission discussion at the Penang relative. 9. She has participated in the Staff Purchase Remittance Plan and purchased some kitchen cookware quantityed to MYR8,500, succeeding an 18% remittance offers by CWB. 10.CWB late MYR4,500 per employee for an annual consequence holiday bound to Vietnam. The expenses understand air tickets, accommodations and meals which were RM1,500, RM2,000 and RM1,000 respectively. 11.During the year, she had luckfully uncovered two main wrong cases involving the concourse's directors and supposing some conducive interior guide tips to bar forthcoming wrongs. Due to her luck, she was abandoned a demonstration of judgment and a labor brilliance grant by CWB quantityed to MYR4,200. 12.During the year, her expenses were as follows: MYR Rental of a tasteless for two months from 1 January-29 February 2020 1,040 Broadband succor fees 480 Donation of wheelchairs to an common old folks' home 4,800 ICAEW books 300 13.During the year, her woman underwent a cataract surgery for twain eyes. The surgical expenses quantityed to MYR11,000. Her brother and her had shared the surgical absorb same. Required: (a) Compute the allowance tax (if any) payable by Monica for the year of impost 2020. Note: Every part listed in the interrogation must be methodic in your reckoning, irrespective of whether it has any tax collision or not. [19 marks] (b) Monica is unsure if her avocation allowance earned from labors rendered from 16 November 2019 to 31 December 2019 is subjected to tax or not as her avocation bound quantityed to barely 46 days during the reason year of 2019. You are required to instruct her succeeding a while misdirect defence. [6 marks] (c) (d) Discuss the allowance tax functional responsibilities of CWB on Monica's avocation in the reason year of 2020. [2 marks] Monica intends to direct for 15 days of contractual compensated concession in February 2021 for provision of the ICAEW exams in March 2021. She seeks your teaching, succeeding a while misdirect defences, touching the taxability of the compensated concession. [4 marks] [Total: 31 marks]