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 SSPN, Skim Simpanan Pendidikan Nasional

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SUSDavid83
post Feb 13 2019, 11:19 AM

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QUOTE(missfarren @ Feb 13 2019, 11:16 AM)
i checked but dont have

hmmm i check later

just saw got penyata kira kira last nite but no tax statement
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Post #962 said early March!
SUSDavid83
post Feb 13 2019, 09:41 PM

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QUOTE(williamlee_1985 @ Feb 13 2019, 09:34 PM)
SSPN tax relief is under which category? Anuity?
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SSPN itself.

Tabungan bersih dalam Skim Simpanan Pendidikan Nasional
(jumlah simpanan dalam tahun 2017 tolak jumlah pengeluaran dalam tahun 2017)


This post has been edited by David83: Feb 13 2019, 09:43 PM
SUSDavid83
post Feb 14 2019, 11:21 AM

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QUOTE(togepy2006 @ Feb 14 2019, 11:20 AM)
Well with the introduction of E-Filing for income tax, a lot of taxpayer claimed yearly for the RM6k tax relief for savings under SSPN by opening themselves an individual account.
Not knowing that the tax relief only applies to child account and can ONLY be claimed by legal parent/guardian.
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Not being audited is still safe.
If audited, pay the fine.

This post has been edited by David83: Feb 14 2019, 11:22 AM
SUSDavid83
post Feb 20 2019, 09:44 PM

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QUOTE(talexeh @ Feb 20 2019, 09:24 PM)
I posted a comment on SSPN's FB but they replied me the standard "BigPoints to be credited within 45 days of transaction". After I replied them that it's already >45 days, they went silent. doh.gif

Appreciate it if we can all pressure them the same in their FB platform: https://www.facebook.com/sspnrasmi/
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Who should award the BIG points?
PTPTN or BP?
SUSDavid83
post Feb 20 2019, 09:52 PM

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QUOTE(talexeh @ Feb 20 2019, 09:50 PM)
That's the thing that we're not clear about since it wasn't explicitly explained in the FAQ. Still, since this campaign is hosted by SSPN, it's only logical to assume that SSPN will be the one to handle this issue.
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From the TnC:

QUOTE
Kempen SIMPAN & TERBANG PERCUMA ("Kempen") ini dianjurkan oleh BIG Loyalty Sdn. Bhd. ("Penganjur") dengan kerjasama Perbadanan Tabung Pendidikan Tinggi Nasional ("PTPTN").

URL: https://www.ptptn.gov.my/images/fail/promos...ercuma_2018.pdf
Looks like the organizer is BP not PTPTN.
PTPTN is the cooperator.
Any dispute should go back to the campaign organizer.
SUSDavid83
post Feb 21 2019, 01:21 PM

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QUOTE(talexeh @ Feb 21 2019, 01:05 PM)
I made an inquiry to BP (BigPay, not BIG Points) & they redirected me to raise an email to askbig@airasiabig.com.

At the same time, I also sent a message to PTPTN FB. They asked if the email address I used for PTPTN is the same email address as BigPay. Told them yes & now waiting for their reply again.
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They track using email address? blink.gif
SUSDavid83
post Feb 21 2019, 01:27 PM

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QUOTE(talexeh @ Feb 21 2019, 01:24 PM)
Looks to be the case here.

I'll post again once I have more update.
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If I pay using my family card how? blink.gif
No point will be awarded?
SUSDavid83
post Feb 21 2019, 03:06 PM

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QUOTE(talexeh @ Feb 21 2019, 03:05 PM)
And AirAsia BIG just closed my ticket that was auto-generated from my email earlier today. doh.gif
user posted image

Meanwhile, PTPTN FB asked for my NRIC so currently waiting for their update again.
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From email address to NRIC? dry.gif
SUSDavid83
post Feb 21 2019, 03:09 PM

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QUOTE(talexeh @ Feb 21 2019, 03:08 PM)
Go figure.

Anyway, just received another email from AirAsia BIG:
Good day to you.

In response to your email, kindly be informed that the BIG points for the campaign will be credited into your account after 45 working days.

Your understanding is much appreciated.Should you need further assistance, kindly contact us via Ask BIG.

Regards,
Isyraf
AirAsia BIG Loyalty
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This kind of reply is equivalent to no reply at all! doh.gif
SUSDavid83
post Mar 8 2019, 10:14 AM

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QUOTE(beefburger @ Mar 8 2019, 10:13 AM)
Do you still get the 4% interest doing it this way? Is it a daily interest?
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The tax saving could be more than the dividend received.
There's no win-win solution if want to play above game.

This post has been edited by David83: Mar 8 2019, 10:14 AM
SUSDavid83
post Mar 12 2019, 01:24 PM

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QUOTE(ChessRook @ Mar 12 2019, 01:11 PM)
Don't mind sharing what investments you do that you can put in or withdraw any amount of money and guaranteed significantly more than 4%?
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Most of the FD out there can offer > 4% p.a under certain condition term.
SUSDavid83
post Mar 12 2019, 01:30 PM

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QUOTE(ChessRook @ Mar 12 2019, 01:28 PM)
But some are over the counter and the trouble for 0.2-0.4% interest, i am not sure it is worth it.
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FD is for quick liquidity.
Not sure how fast is SSPN withdrawal.
SUSDavid83
post Mar 12 2019, 01:37 PM

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QUOTE(ChessRook @ Mar 12 2019, 01:35 PM)
Heard SSPN withdrawal is about a week or slightly more, which is quite liquid. So i still don't understand the need for doing this deposit then withdrawal and then deposit process.
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Some people could have very tight cash flow.
They just want to utilize the tax relief by just get it captured in the system and withdraw it afterwards.

This post has been edited by David83: Mar 12 2019, 01:38 PM
SUSDavid83
post Mar 12 2019, 01:56 PM

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QUOTE(ronnie @ Mar 12 2019, 01:51 PM)
Maybe , they don't trust the Govt... cos PTPTN run by Govt servants
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My brother also has the same skeptical mindset even though I encourage him to dump money for tax relief purpose.
SUSDavid83
post Mar 12 2019, 07:03 PM

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QUOTE(MUM @ Mar 12 2019, 04:17 PM)
be a legal guardian of someone else children can be eligible too
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Need proof right?

SUSDavid83
post Apr 1 2019, 01:53 PM

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QUOTE(rinapua @ Apr 1 2019, 01:53 PM)
this year 2019 tax relief is 6000 or 8000?

any other good benefit if put in money into SPPN-I?
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8000
SUSDavid83
post Apr 5 2019, 09:02 PM

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ASNB FP: Amanah Saham Nasional Berhad Fixed Price
SUSDavid83
post Apr 10 2019, 03:21 PM

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QUOTE(rinapua @ Apr 10 2019, 02:49 PM)
may I know this is consider FD or saving?
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I don't understand; it's like unit trust.
SUSDavid83
post Apr 10 2019, 07:31 PM

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QUOTE(saitong09 @ Apr 10 2019, 07:30 PM)
Not exactly. ASNB fixed price fund, the price per unit is fixed.
Refer below thread for more detail
https://forum.lowyat.net/topic/4677986
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Got dividend payout.
Buy no SC, sell got SC.

SUSDavid83
post Apr 10 2019, 07:34 PM

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QUOTE(saitong09 @ Apr 10 2019, 07:33 PM)
Buy and sell also no SC
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Sell price and buy price got difference?

This post has been edited by David83: Apr 10 2019, 07:34 PM

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