Quiz 1- Intro
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Questions and Answers

Year of Assessment refers to the tax year in which the income tax is calculated and charged.

True

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?

    It is calculated using income less of personal reliefs or (income - personal reliefs)

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