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Questions and Answers
Year of Assessment refers to the tax year in which the income tax is calculated and charged.
Year of Assessment refers to the tax year in which the income tax is calculated and charged.
True (A)
What is the Year of Assessment (YA) if my income is earned from 15 Mar 2022 to 31 Dec 2022?
What is the Year of Assessment (YA) if my income is earned from 15 Mar 2022 to 31 Dec 2022?
- YA 2022
- YA 2021
- YA 2023 (correct)
- Not Applicable
How is the chargeable income calculated?
How is the chargeable income calculated?
It is calculated using income less of personal reliefs or (income - personal reliefs)
