Page 32 - Spotlight A+ Form 4 & 5 Mathematics KSSM

Form
5
Chapter 4 Consumer Mathematics: Taxation Mathematics
Tax payable for the assessment year of 2019 9 231
Minus: Monthly tax deduction (PCB) 1 050
Tax balance for the assessment year of 2019 8 181
Try question 3 in Formative Zone 4.1

BRILLIANT Tips Rebate
©PAN ASIA PUBLICATIONS
• Tax rebate deducted from the tax levied
A separate tax assessment is more economical than to determine the tax payable for the
a joint tax. A joint assessment will only result in the assessment year.
reduction of the total tax payable if either husband • Divided into two, namely zakat or
or wife has a low amount of income. fitrah tax rebate and individual tax
rebate of RM400 for the taxpayer who
has a chargeable income not exceeding
RM35 000.
8. Differences between tax relief and rebate:
Tax relief 9. Calculation of road tax:
• Road tax is levied based on the engine capacity
• Expenditures that are allowed to be of the vehicle used by the owner.
deducted from the total annual income to • The higher is the engine capacity of vehicle, CHAP.
reduce the amount of income to be taxed. the higher is the road tax rate being levied. 4

Example 4

The table below shows the road tax rates for private cars in Peninsular Malaysia.

Road tax rate
Engine capacity
Base rate Progressive rate
1 000 cc and below RM20.00 -
1 001 cc – 1 200 cc RM55.00 -
1 201 cc – 1 400 cc RM70.00 -
1 401 cc – 1 600 cc RM90.00 -
1 601 cc – 1 800 cc RM200.00 + RM0.40 for each cc exceeding 1 600 cc
1 801 cc – 2 000 cc RM280.00 + RM0.50 for each cc exceeding 1 800 cc
Mr Yusuf and his wife bought two cars with engine capacity of 850 cc and 1 850 cc respectively for private use
in Pahang. Calculate the road tax that is levied on both the cars.
Solution:
Car road tax (850 cc) = RM20.00
Car road tax (1 850 cc) = Base rate + Progressive rate
= RM280 + (1 850 – 1 800) × RM0.50
= RM280.00 + RM25
= RM305.00
Try question 4 in Formative Zone 4.1

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