This kind of reply is equivalent to no reply at all!

Well, instead of within 45 days, it's now apparently after 45 working days.

EDIT: Similar reply from PTPTN FB.



This post has been edited by talexeh: Feb 21 2019, 03:36 PM

not much help given by BIG loyalty CS...mine got closed due to mixed up of names LOL

really disappointed at such system

Anyway, referring to my attachment above, you shared the same deposit date with me as well so just check your BIG Points account on 10-MAR-19.

Which branch you go now accept BigPay?

UTC KL @ pudu sentral

aiks..sorry, i mean which branch DOES NOT accept?
coz you already answered where accepted.

sorry about that.

seremban one.

ah i see. thank you!

sorry, i'm very new for this
i only have one child, if register SSPN, either father & mother can register with the SSPN?
or both can register separate of it? if can separate, means tax relief can get 6K + 6K?

Yes can separate can get 6k each. If separate tax filing.
BTW start this year is 8k

This post has been edited by cempedaklife: Mar 7 2019, 11:42 AM

thanks, found the logic in previous post
let say if still is 6k tax relief
the 4th year need deposit 24k? 5th year if 32k?

Yes.

it gets to a point where it doesnt make sense, i.e. start hitting 40k+...

Then u skip one year.. take out all and dont put in any, so the number the reset. Then the next yr you start with 6k again.

but this computation look like need lot of cash flow during the few months


This post has been edited by swn525: Mar 7 2019, 12:06 PM

You deposit 12k and withdraw 6k... why not just deposit 6k? Especially since 'same month'.

i have removed, found my calculation wrong, haha

When I share this sspn thing, that's what the first reaction from people. You guys are over thinking. Instead of procrastinating it, why don't worry and do it first year first? It's not like insurance,where you commit for 10 20 years. Do it in dec 2019, 8k take out in 2020 Jan. One month only. No 16k on Dec 2020? Fine. Ignore it. Bank in 8k in Dec 2021. Take out in Jan 2022.

One at a time.

Too much trouble for one time? Then don't bother. For me. That effort even one time is worth more than 1k for me.

i started SSPN depositing since 2015, but skipped 2017

2015 - 6k
2016 - 6k
2017 - 0 (i didn't file for this SSPN tax relief in 2017 BE form)
2018 - 6k

i thought we are still entitled for the 6k tax relief (2018 BE form) even if we skipped 1 year ?

This post has been edited by lyc1982: Mar 7 2019, 12:43 PM

Entitled, but what people are talking about is withdrawing for liquidity purposes. Deposit 6k in 2015, withdraw 6k at start of 2016. If still want to claim for 2016, by end of the year must deposit 12k. Then start of 2016 withdraw all, means by end of 2016 you need to deposit 18k.

Too much overthinking really. 4% or so is a good interest rate (not even taking into account tax benefits) for something which is pretty much guaranteed. You can't (shouldnl't) put ALL your money into those high return things like stocks or business, so why not just leave that 6k/8k a year in SSPN rather than trying to roll it yearly and get headache. It's better than savings accounts and most FDs.

Agree with cempedaklife, don't think too much, just start it. Immediately you can get back money from government via tax deduction.