SSPN Statement for income tax purpose can be generated.
SSPN, Skim Simpanan Pendidikan Nasional
SSPN, Skim Simpanan Pendidikan Nasional
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Jan 7 2017, 10:24 AM
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#41
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Senior Member
2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
SSPN Statement for income tax purpose can be generated.
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Jan 11 2017, 04:44 PM
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#42
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
QUOTE(jsflim @ Jan 11 2017, 03:25 PM) QUOTE(echoesian @ Jan 11 2017, 03:32 PM) Can we withdraw just like that? I thought there is certain condition like if your children go to University? QUOTE(jsflim @ Jan 11 2017, 04:07 PM) Yes. Can withdraw anytime. Said multiple times already. |
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Jan 13 2017, 01:12 PM
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#43
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
QUOTE(david_kiat @ Jan 13 2017, 12:45 PM) I tried to generate the statement for income tax purpose for savings last year. Usually when log in there's an option there but seems like that option got bugged or something because it's missing.But it does not have the option for last year's statement and only shown the statement for 2017. Any idea? |
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Jan 17 2017, 04:11 PM
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#44
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
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Jan 18 2017, 04:07 PM
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#45
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
Submitted withdrawal form on 7th Jan (Sat)
Withdrawal reflected on SSPN on 16th Jan Money reflected in MBB on 18th Jan |
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Feb 3 2017, 03:11 PM
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#46
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
QUOTE(superhero_123 @ Feb 3 2017, 03:03 PM) Saw this withdrawal info for SSPN. Is this a new rule? Anyone can clarify? This terms has always been there.http://www.ptptn.gov.my/web/english/faq-en...sspn/withdrawal What are the terms for withdrawal of savings? Withdrawals are allowed after a period of 1 year upon opening of an account. There are 2 types of withdrawals: •10% withdrawal of current balance OR RM500, whichever is lower, once a year; OR •100% withdrawal (termination of account) in the following cases:◦The child is offered a place in any higher learning institution; ◦The child has voluntarily withdrawn from the education system OR has been expelled for a specific reason; ◦Suffering from an illness certified by a doctor as being incurable; ◦Experience total permanent disability as certified by a doctor; ◦Death of the child; or ◦Death of the depositor. Edit: If you are looking for the "anytime withdrawal " term then you won't be able to find it. It's not stated. This post has been edited by rapple: Feb 3 2017, 03:16 PM |
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Feb 3 2017, 03:29 PM
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#47
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
QUOTE(superhero_123 @ Feb 3 2017, 03:14 PM) But still can withdrawal all/more than RM500? This term contradict what other say that can withdraw all? Thanks. Unfortunately it's not stated anywhere in their terms. QUOTE(spreeeee @ Feb 3 2017, 03:24 PM) Most probably cannot.Think SSPN-i Plus is a life insurance + saving product. |
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Feb 8 2017, 07:38 AM
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#48
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
QUOTE(goatbernard @ Feb 7 2017, 04:32 PM) SSPN-i statement in which part indicated declaration of income tax? i can't find the word in the statement. 1. BAKI AWAL PADA 1HB JANUARI 2017 : xxx 2. SIMPANAN/PENGELUARAN BERSIH SEHINGGA FEBRUARI 2017 : 0.00 3. SIMPANAN MELALUI FPX : 0.00 4. BAKI SIMPANAN PADA FEBRUARI 2017 : xxx QUOTE(T231H @ Feb 7 2017, 06:05 PM) Last time when log in, the option for "statement for income tax purpose" is shown but now that part is replace with a JomPay option.This post has been edited by rapple: Feb 8 2017, 07:39 AM |
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Feb 8 2017, 02:46 PM
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#49
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
QUOTE(MUM @ Feb 8 2017, 07:52 AM) can't seems to get into the page where I need to view or print out the statement. anyone got the latest workable link? QUOTE(bearbearhong @ Feb 8 2017, 02:22 PM) https://www.ptptn.gov.my/saving/sspnlogin.html |
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Feb 16 2017, 08:04 PM
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#50
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
Dividend is credited.
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Feb 16 2017, 08:12 PM
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#51
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
QUOTE(rapple @ Feb 8 2017, 02:46 PM) QUOTE(tenchi0205 @ Feb 16 2017, 08:09 PM) |
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Feb 19 2017, 07:05 PM
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#52
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
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Feb 19 2017, 08:05 PM
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#53
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
QUOTE(ic no 851025071234 @ Feb 19 2017, 07:32 PM) Is this mean I only to have rm 6k in sspn saving every year to get the max tax rebate? Example this yr put 7k then get the rebate and then take out next yr and put again I still get the max tax rebate? No need to increase every yr the savings? Only net savings is given tax relief. |
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Feb 19 2017, 08:31 PM
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#54
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
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Feb 20 2017, 12:55 PM
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#55
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
QUOTE(fkinmeng @ Feb 20 2017, 12:50 PM) hi, just want to clarify: Dividend is prorated.1st year - put in rm6k. 2nd year - get interest for 1st year 6k. withdraw rm6k, put in rm6k on december, account close at end of 2nd year is rm6k. 3rd year - no interest for 2nd year, since nett for 2nd year is rm0. correct? Tax relief is given on net savings. Your 2nd year assumption on dividend is right, but you get no tax relief for that YA. |
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Feb 23 2017, 08:47 AM
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#56
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
QUOTE(david_kiat @ Feb 22 2017, 11:41 PM) Hi. Is the tax relief statement available now? I've downloaded that tax relief statement in early Jan 2017.What's the link to access? Otherwise, when it will be available based on past year? Thank you. After their "webpage upgraded" that option was not available anymore. Guess you have to call and check with them. edit: QUOTE(rapple @ Jan 7 2017, 10:24 AM) This post has been edited by rapple: Feb 23 2017, 08:48 AM |
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Feb 25 2017, 09:30 AM
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#57
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
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Mar 1 2017, 09:37 AM
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#58
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Mar 1 2017, 09:55 AM
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#59
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QUOTE(enriquelee @ Mar 1 2017, 09:50 AM) New column appear i our tax form which you need to state how much withdrawal you have done on your SSPN for that particular year. Not really a new rule.Tax relief is only given on net savings for the year. If your withdrawal is more than what you deposited then you wont' get any tax relief. |
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Mar 2 2017, 08:42 AM
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#60
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Option to generate Penyata Hasil is up.
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