Page 31 - Consumer Mathematics
P. 31
Example 8
Tax Question
Mariani owns a residential house in Subang Jaya. She receives
property assessment tax bill from Subang Jaya Municipal
Council. It is given that the annual value is RM6 580 and the
property assessment tax rate is 5%. Calculate the property
assessment tax payable by Mariani for each half-year.
Solution:
Property assessment tax = property assessment tax rate × annual value
= 5% × RM6 580
= RM329 per year
Property assessment tax for each half-year = RM329 2
= RM164.50 each half-year
