I resigned on 1 March 2011. As I was required to pay one month's salary in lieu of notice to my employer, I was not paid the salary for February 2011. For the year of assessment 2010/11, should I pay tax on my salaries for 10 months or 11 months?

I left my employment on 15 March 2011. My employer did not work out my entitlements to bonus and commission and did not pay them to me until 30 April 2011. Are these receipts taxable, and if they are, in which year of assessment should they be included as my assessable income?

What is the meaning of "Personal Assessment”?

Employee A sent his son to Australia for studying in high school and got reimbursement from his employer for his son's airfare on the trip to Australia. Was the amount reimbursed taxable?

We have to pay building management fees and certain other out of pocket expenses for the property. Are they deductible? Should we deduct them from the rental income and report the net amount of the income?

What is "lease premium”?

I have received the notice of assessment and discovered some errors / omissions in the Profits Tax return previously submitted to the Inland Revenue Department. What should I do?

Employer B purchased a package tour to be taken by Employee A for holiday. Employer B also paid for Employee A's visa fee and travel insurance premium. Apart from the package tour fee, should the visa fee and insurance premium be included as Employee A's taxable income?

Employer B organized a tour for her employees on a group basis. The group comprised employee A, his two family members and seven other employees. Whether the expenses incurred for the tour are taxable on the employees? If yes, how?

Are there any types of businesses or activities for which the banks you represent WILL NOT open accounts for?