Consumer Mathematics: Taxation

Which of the following statements in relation to Malaysian tax system is true?

• A gift of money made to the any government or non-government institution is given a deduction in income tax.

• Zakat and fitrah is a tax rebate.

• Sales and service tax (SST) is charged at every stage of the products chain to consumers.

• Foreigners working in Malaysia for less than 90 years are exempted from income tax.

Which of the following pairing is correct?

• A

• B

• C

• D

Alice had dinner at a restaurant. She ordered 2 sets of food and drink costs RM90 each set. The restaurant charges 6% on service tax. Calculate the amount of money to be paid by Alice.

• RM10.80

• RM169.20

• RM185.40

• RM190.80

The table above shows the road tax rate for private car with engine capacity between 1 801 cc and 2 000 cc in Sabah and Sarawak.

Calculate the road tax of a private car with engine capacity of 1 997 cc in Sabah.

• RM49.25

• RM273.25

• RM492.50

• RM499.25

Aini rents a single-storey house in Taman Damai. She receives a statement from the local state government for the quit rent of RM105 for the house. Should Aini pay the quit rent?

• Yes, Aini should pay the quit rent as she is currently staying in the house.

• Yes, Aini should pay the quit rent starting from the date when she moved into the house.

• No, the house owner should pay the quit rent since he/she is the owner of the house.

• No, the quit rent should be shared equally between Aini and the house owner.

Ali has a house. It is given that the property assessment rate is 6% and the annual value of the house is RM7 000. Calculate the property assessment tax he needs to pay for half year.

• RM210

• RM420

• RM2100

• RM2520

Mr. Chandran has an agriculture land with an area of 8 000 m². It is given that the quit rent rate is RM0.003 per m². Calculate the quit rent for each year.

• RM24

• RM240

• RM2 400

• RM24 000 000

Farah owns a house with an area of 500 m² in 2020. It is given that the property assessment tax rate is 4%, the annual value of the house is RM10 000 and the quit rent rate is RM0.35 per m². Calculate the total tax payable for her in that year.

• RM175

• RM400

• RM375

• RM575

The question is based on the partial income tax rates above.

Yusri has a chargeable income of RM65390 in 2020. He paid RM200 for zakat in the same year. Calculate the income tax payable by Yusri.

• RM3 954.60

• RM3 754.60

• RM2 154.60

• RM1 800.00

The question is based on the partial income tax rates above.

Sam has a chargeable income of RM40 850. A total of RM100 is deducted from his monthly salary for PCB. Calculate the income tax refund that will be received by Sam.

• RM132

• RM600

• RM1 068

• RM1 200