Hi, Good Morning to all of you,

Due to misleading information, last Year (Year 2018) I had contributed a total of RM12000 into my two children SSPN-i account (each account with RM 6000 each), but only can deduct tax for RM 6000 only.

I was wondering whether I can withdraw that extra RM 6000 (because of non tax deductible in Year 2018) and bank-in again to my children account this year so that I can enjoy that tax deductible amount of RM 6000 in Year 2019?

guys...

i just realized i didn't get any dividend in 2015 and 2016....i deposited 6k each year...how come ?

If you do that, will you have "Sumbangan Bersih" into that a/c for the year you wanted to claim tax relief?
try click at "Lihat Terprinchi" to see detail statement?
also confirm/select the year first

i did that and i just noticed it

If you do that, will you have "Sumbangan Bersih" into that a/c for the year you wanted to claim tax relief?

so the dividend is there?
hope it is not "missing" 

i already mentioned in my original post...

i looked at "terperinci" and zero in 2015 and 2016

Interesting... Never heard before.
Anyway... What is your next steps of actions then?

Hi MUM,

1).If I only withdraw RM 6000 and only bank in RM 6000, I think my  'Sunbangan Bersih' is Zero (is this correct? pls ignore the dividend earned in Year 2019), then there is no  deduction i can claim, is it correct?

2). If I top-up RM 2000 to become RM 8000 (RM6K+RM2K), I think I can only claim RM 2000, is it correct?

Thanks for replying.

I think that would be correct for Q1.
Sumbangan is 2k for Q2

Btw.. Dividend earn does not constitute as sumbang that qualify for tax deduction

Yes, dividend is qualify for tax deduction.
I ignore dividend just for the sake of simplicity in computation.

Thanks for confirmation.

Yes, dividend is qualify for tax deduction.
I ignore dividend just for the sake of simplicity in computation.

Thanks for confirmation.

is dividend considered qualify for tax relief ?

so that means sumbangan bersih = RM8k - dividend for that year ?

I fail to understand how ppl can whine about SSPN when its giving you a 20~25% ROI for a 1 month deposit..

Edit : The thing they might improve is maybe increase the max deposit limit per online transaction from 15,000 la... but no biggie.. I just deposit 3 times kautim...

Previously yes, but  few years ago, it became NO.

guys...

i just realized i didn't get any dividend in 2015 and 2016....i deposited 6k each year...how come ?

is dividend considered qualify for tax relief ?

so that means sumbangan bersih = RM8k - dividend for that year ?

Hi fro top up through boost, is there a commission/service fees or rm1? I top up 20 from boost only show up 19

"its giving you a 20~25% ROI for a 1 month deposit."
Hi what does this mean? i am new to sspn. how it give 20~25% for 1month deposite?

Hi, Good Morning to all of you,

Due to misleading information, last Year (Year 2018) I had contributed a total of RM12000 into my two children SSPN-i account (each account with RM 6000 each), but only can deduct tax for RM 6000 only.

I was wondering whether I can withdraw that extra RM 6000 (because of non tax deductible in Year 2018) and bank-in again to my children account this year so that I can enjoy that tax deductible amount of RM 6000 in Year 2019?