QUOTE(enkil @ Nov 23 2018, 10:35 PM)
Erm, not something new. I already did it in:-
Nov/Dec 2015 - Deposit 6k then withdraw in Jan 2016
Nov/Dec 2016 - Deposit 12k then withdraw in Jan 2017
Nov/Dec 2017 - Deposit 18k then withdraw in Feb 2018
SSPN, Skim Simpanan Pendidikan Nasional
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Nov 24 2018, 08:44 AM
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#81
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
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Nov 27 2018, 10:11 AM
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#82
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
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Dec 11 2018, 04:18 PM
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#83
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QUOTE(alesi616 @ Dec 11 2018, 12:54 PM) so the conclusion is cannot pay SSPN-I using credit card (for JOMPAY) rite? IIRC, there's a time that they allowed it but after awhile the option to use credit card at PTPTN counters to deposit in SSPN-i is no longer available.will they allow swipe credit card if I go PTPTN office to pay ? This post has been edited by rapple: Dec 11 2018, 04:19 PM |
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Dec 17 2018, 03:29 PM
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#84
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
QUOTE(potenza10 @ Dec 17 2018, 03:20 PM) It's announced in Budget 2019.https://www.comparehero.my/blog/budget-2019...-taxes-malaysia |
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Dec 19 2018, 01:59 PM
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#85
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QUOTE(meteoraniac @ Dec 19 2018, 01:54 PM) yo interested in this since i became parent last year Tax relief given is on NET SAVINGS.been reading quite a bit, just to confirm: if i deposit 6k this year and withdraw jan 2019, i have to depo 12k end 2019 to be eligible for 2019 tax relief right? Yes what if I deposit 6k this year (2018) then dont touch the amount for entire 2019, can i claim tax relief for both 2018 and 2019? or only 2018? 2018 ONLY 2019 onwards is 8k tax relief. |
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Dec 20 2018, 03:29 PM
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#86
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
I went to PTPTN branch in Ipoh Greentown, they are so clueless that I just gave up using BigPay.
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Dec 21 2018, 01:54 PM
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#87
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Dec 21 2018, 02:37 PM
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#88
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Dec 22 2018, 11:15 AM
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#89
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Dec 23 2018, 03:16 PM
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#90
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Net savings for the year as stated, surely balance b/f is not included in it.
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Dec 24 2018, 01:09 PM
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#91
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QUOTE(fairylord @ Dec 24 2018, 12:46 PM) thanks for your advice. Just forget about your 2018 balances and focus on 2019 transaction only.may be i shall make the tabulation much clearer.
Deposit 8k Withraw 3k Net 5k tax relief |
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Dec 24 2018, 02:39 PM
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#92
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2,065 posts Joined: Oct 2014 From: Ipoh,Perak |
QUOTE(talexeh @ Dec 24 2018, 02:27 PM) Even the PTPTN HQ in Penang Wel Quay has no idea about BigPay. They kept asking me for reassurance if it's indeed a debit card. https://www.ptptn.gov.my/saving/sspnlogin.htmlYea, need to give them repeated confirmation that it's indeed a debit card (technically a prepaid card but oh well). Can you share me how you check the current account information? After login, press your kids name / account number then you can view the transaction. After that click "lihat terperinci" just below the statement. This post has been edited by rapple: Dec 24 2018, 02:40 PM |
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Dec 27 2018, 03:06 PM
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#93
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QUOTE(StupidGuyPlayComp @ Dec 27 2018, 01:14 PM) May I know, if I deposit 12k in SSPN-i this year (1 child, single accoung) Father deposit Baby 1 - 6k - Father tax reliefI can tax relief 6k, my wife can tax relief another 6k? or only 1 tax relief for each SSPN acc? Mother deposit for Baby 1 - 6k - Mother tax relief If you put 12k in just 1 account then only either father/mother can claim depending who register for it. |
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Dec 27 2018, 03:39 PM
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#94
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Dec 29 2018, 04:13 PM
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#95
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Jan 2 2019, 04:19 PM
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#96
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Jan 16 2019, 10:43 AM
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#97
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Jan 16 2019, 10:52 AM
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#98
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Aug 12 2019, 10:25 AM
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#99
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QUOTE(guy3288 @ Aug 12 2019, 01:26 AM) this game of deposit and withdraw can reset??? i thought the moment you withdrew money it will be forever recorded. In 2018 I withdraw 8k from my daugther account and deposit 8k into my son account. I get 0 tax relief not knowing it's a combined statement at the end of the year.So if 2018 you are minus RM30k (nett Deposit-withdraw=Minus RM30k), to claim RM8k tax in 2019 you must put back RM38k. I dont think you put RM0k in 2019 and then put RM8k in 2020 already can claim tax , because effectively your account still minus RM30k in 2020. hope i am wrong as i also play that game and my minus is >RM100k now, if can reset untung lah Because this year theres no withdrawal from my daugther account so its actually possible Deposit 8k 2019 Withdraw 8k 2020 no tax relief Deposit 8k 2021 |
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Aug 12 2019, 01:51 PM
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#100
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QUOTE(wym6977 @ Aug 12 2019, 01:22 PM) So if I understand correctly, it is combined statement (if more than one account) for the pendeposit and the net deposit is based on current year transactions (total deposit - total withdraw). So it is possible to "reset" after lapse one year am I right? Yes most likely it's for current year transaction only.I will know by next year once the 2019 tax relief statement its available. |
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