I'm very sure i'll qualify for the tax relief as my daughter just 6 months old.

I'm not going to withdraw now. I'll wait after 31st Dec then I'll withdraw everything and leave some $$ in it.

How do you go about it? No need to hold for 1 year for tax-relief?

As to your question, u can withdraw at PTPTN ofiz as my fren done tat b4

No need as long as u have net deposit sum of RM6k (max) as at 31st of each yr

Thanks.

Anyway I'll go UTC and check out from them to see what they say on the withdrawal.

So you can dump in rm6k on 30th, then withdraw on 1/1 and then claim tax relief?

Yes

What's the max one can withdraw?

This post has been edited by Ramjade: Nov 3 2015, 02:10 PM

I suppose up to available bal

From Nexona reply, seems cannot take out from banks.

From Nexona reply, seems cannot take out from banks.

er.. so far i read and know from calls/emails to PTPTN, i'll have to go to their PTPTN's branch/office, not banks.
i'm trying to figure out why you mentioned "withdraw from banks"?

good gawd.. another forumer posted he/she will go UTC... when did PTPTN's SSPN become a unit trust OR UTC is a place... i'm getting muddier AND muddier..

This post has been edited by wongmunkeong: Nov 3 2015, 08:43 PM

lol UTC is one stop place for most gomen dept / agencies

https://en.wikipedia.org/wiki/Urban_Transformation_Centre

got PTPTN, KWSP, JPN etc.

This post has been edited by nexona88: Nov 3 2015, 08:47 PM

I did not do enough research and tibai saja..

muah muah (no kiss icon wan)

thanks Nexona88 for helping be achieve clarity on that 3 letter word heheh - Urban Transformation Centre..
gawd.. too many same abbreviations floating around + i baka locked-in to "investment jargons" only when see UTC

some hardcore people insist on using the malay term Pusat Transformasi Bandar (PTB) which I feel kinda weird when u pronounce it

any free gifts or promo during their campaign?
if encounter mini mobile kiosk, how to do deposit?
can use credit card?

btw, if the dividend generated and reinvest into the account is RM700.
means i only need to top up another RM5300 to maximise the tax relief, right?

anybody can confirm?



Attached File(s)
 sspn_savings.pdf ( 13.03k ) Number of downloads: 86

That's right. Your net incremental deposit in 2015. Balance as at 31 dec 2015 minus balance as at 31 dec 2014.
Some time in May, they gave golf umbrella, backpack, tabung and win a car contest for fresh deposit.
Contest winners list
http://www.ptptn.gov.my/docs/Simpanan-Bona...015%20final.pdf

This post has been edited by aeiou228: Nov 11 2015, 05:21 PM

guys, just checked my Sspn-i statement, rm6k deposited end 2013, no withdrawal and interest is RM42 as of 31/12/2014

and the statement shown , amount entitled for tax rebate for year 2014 is RM42

damn!

Sekiranya pendeposit mempunyai baki akaun pada tahun sebelumnya sebanyak RM5,500.00 dan simpanan bersih tahun semasa sebanyak RM500.00, berapakah jumlah insentif pelepasan taksiran cukai yang layak bagi tahun taksiran cukai semasa?

Jawapan :
Pendeposit layak mendapat insentif pelepasan taksiran cukai untuk tahun taksiran semasa sebanyak RM500.00 sahaja.



This post has been edited by bearbearhong: Nov 20 2015, 12:28 PM