Chargeable income, also known as taxable income, is your total annual income minus all the tax exemptions and tax reliefs you are entitled to.
These are the types of income that are taxable:
Business or profession
Employment
Dividends
Interests (except bank deposit interests)
Discounts
Rent collected
Royalties
Premiums
Pensions
Annuities
Perquisites, which includes bill claims, company credit cards, loans from company, sponsored club memberships, sponsored child tuition fee, personal driver and any benefits offered by your employer that could be converted into cash.
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