Zakah Calc

  • May 2020
  • PDF

This document was uploaded by user and they confirmed that they have the permission to share it. If you are author or own the copyright of this book, please report to us by using this DMCA report form. Report DMCA


Overview

Download & View Zakah Calc as PDF for free.

More details

  • Words: 362
  • Pages: 4
Zakat Self-Assessment Personal Details Name Address Contact Number Zakat Year Ending Start Here…….

Section 1 - Do you have to pay Zakat this Year ? You only need to pay Zakat if you own net asset wealth above the Nisab Level (87.48 grams of Gold or 612.36 grams of silver). Please also ensure that you have taken account of your basic necessities, before comparing your net asset level to the Nisab level.

See section C

If the answer to the above question is No, then you no longer need to proceed with the rest of this form. You do not have to pay Zakat. If you answered Yes, the continue to section 2

Section 2 - Assets and Liabilities Code

Totals

ASSETS Gold Silver Cash at Bank Cash in Hand Conventional Bonds (not property Bonds) Cash ISA's and cash Tessa National Savings Account Other liquid investments Property (for resale only) Rental income from investment property Finished Goods Work in progress Raw Materials Shares (for resale) Shares held as Investment (see formula) Livestock Agricultural Output Loans receivable (money you are owed) Trade Debtors Pension Contributions (see exemptions)

Section E1 Section E1 Section E2 Section E2 Section E2 Section E2 Section E2 Section E2 Section E3 Section E3 Section E3 Section E3 Section E3 Section E3 Section E3 Section E4 Section E5 Section H1 Section H1 Section H1 Total Assets

Code

Guide reference

LIABILITIES Personal Loans Payable (Money you owe, see notes) Outstanding Mortgage Payment (for this Zakat Yr only) Rent, Bills and other Utilities outstanding Goods purchased on credit Salaries due to be paid to staff Dower due to Wife Commercial Loans (See guide reference, only zakatable element can be deducted)

0 Box 1

Section H2 Section H2 Section H2 Section H2 Section H2 Section H2 Section H2 Section H2

Bad Debts Any other valid Deduction (including basic necessities)

Section H2 Section H2

Total Liabilities

0 Box 2

Net Assets

0 Box 1 - Box 2

Net Assets * 2.5%=

Zakat due

0 Section I

KEY - Categories of Assets/Liabilities

Gold & Silver Cash or cah equivalents Stock in Trade (includes property & Shares) Livestock Agricultural Output Debts Receivable (includes pensions) Deductible Debts

Related Documents

Zakah Calc
May 2020 14
Calc
November 2019 35
Calc
May 2020 17
Calc
June 2020 9
Calc
May 2020 12
Calc
May 2020 13