Assignment 4-8 Rimba Sdn Bhd, a newly incorporated company, constructed a hotel building on a site an existing industita1 building

had been previously located. The total costs involved were RM 5 milion. The hotel was completed and put into operation on 1 March 2007. Rimba Sdn Bhd closes its accounts on 30 June annually. The breakdown of the total cost above is shown below :RM 1,375,000 35,000 85,000 3,044,000 175,000 80,000 206,000 5,000,000

Cost of land Demolition of an existing factory building Building plans and related fees Construction cost Internal roads and parking Legal fees in connection with the newly contructed building Piping and cabling Total

The floor space of the building was utilized in the following manner: Guest rooms Store Administrative office Total 72% 15% 13% 100%

In February 2008, Rimba Sdn Bhd constructed an additional building as a living accommodation for its hotel employees. The company paid RM 980,000 for the building. The living accommodation was ready to be used on 1 June 2008. Required Compute the industrial building allowances for Rimba Sdn Bhd for all relevant years of assessment up to year of assessment 2010. Show all relevant workings. (25 Marks)

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