thanks for the heads-up bro.
nah, wasn't worth "cycling" earlier.
now, if "cycle" the cash - more like meh XD

This post has been edited by wongmunkeong: Dec 18 2019, 06:51 PM

I have send in 2015 and 2017 to LHDN as requested by them this July but dont have any problem.

I too did 2x "audit" previously by LHDN with just the SSPN Tax statement only....did not provide the SSPN a/c statement....also no problem asked
thus I post earlier
"Can someone help to check the current status of this out, the next time if happens to go to LHDN office for business?
they need both the SSPN Tax statement AND the SSPN Account statement too?

Logically tax asessment is by year, so 31st dec of previous year is still previous year. Never heard of pro-rated tax rebate or relief by months. I bet the tax officer just kelentong.. Should ask them to show which part of the income tax act or sspn terms that mentioned funds must be kept for 12months for tax relief.. If they cant show black and white then you should not be penalised. It is our right to know.

Refer to item no.10
lhdn

This post has been edited by animegod: Dec 18 2019, 09:44 PM

Anyone facing issues register new account on e-sspn ?
I always got gateway 504 gateway timeout

can i open more than 1 sspn account ? one for myself and another one for my kid

while waiting for valid and value added responses,.
my wild guess is should be ok for it should have 2 different a/c numbers.

(when young student has a/c number, after getting married and have kid, open another one for tax relief under/with kid's name)

My SSPN account was opened under "akaun untuk anak jagaan yang sah " but for Penerima Manfaat, I use my name. Am I still eligible for tax relief ?

What's the point open account for yourself?

did you really managed to open an sspn a/c with that condition?

Yes

just surprised that the system allowed that "entry" to be entered.

anyway, regarding your question....." .........Penerima Manfaat, I use my name. Am I still eligible for tax relief ?"

Siapakah yang layak mendapat insentif pelepasan taksiran cukai pendapatan?
Ibu bapa dan ibu bapa angkat/ penjaga yang sah dari segi undang-undang yang menyimpan dalam akaun SSPN-i untuk manfaat anak diberi pelepasan taksiran cukai pendapatan sehingga maksimum RM8,000.00 setahun berdasarkan jumlah simpanan bersih tahun semasa.
Kategori kelayakan adalah seperti berikut:
Taksiran Berasingan : Pelepasan taksiran cukai pendapatan sehingga maksimum RM8,000 SEORANG setahun.
Taksiran Bersama : Pelepasan taksiran cukai pendapatan sehingga maksimum RM8,000 setahun.
Individu yang menyimpan untuk diri sendiri TIDAK LAYAK untuk mendapat pelepasan taksiran cukai pendapatan.
https://www.ptptn.gov.my/faq-simpanan-side/faq-sspn-i

during acct opening, there seems no validation between Depositor and Beneficiary.

However, tax relief eligibility is clear.

One can just claim regardless, but if being audited, definitely violate the eligibility criteria.

once the account is created, is it possible to change the "pernerima manfaat " ?

I think should be able to "edit", but better try ask them?
https://www.ptptn.gov.my/seksyen-khidmat-pelanggan-side

I wanna create SSPN-i account now but it keeps failing when wanna make payment. Their site always got issue?

how u made payment? u create account online?

Yes, create account online, then need deposit minimum RM20. After tried a few times then OK d..

i am wondering the same thing...

not like can claim tax relief 2x rm8k...

unless he’s aiming for the additional account of 4% interest ?

If you read further, he did explain that he accidentally used his own name for the beneficiary field.