SSPN, Skim Simpanan Pendidikan Nasional
|
|
 Dec 29 2016, 05:27 PM
|
 
Junior Member
531 posts Joined: Oct 2016  
|
QUOTE(T231H @ Dec 29 2016, 05:04 PM) not subjected to taxes..... https://www.ptptn.gov.my/web/guest/simpanan/keistimewaanbtw, where did you learnt about the taxes?  Not sure what it means though, which is why I asked. Still not familiar with taxes since I'm only eligible to pay tax next year, so previously I didn't give a damn about taxes.  |
|
|
|
|
|
Dec 30 2016, 04:59 AM
|
Senior Member
4,350 posts Joined: Oct 2010 From: KL
|
Dammit. Just know about this now. Too late.
|
|
|
Dec 30 2016, 10:49 AM
|
|
Senior Member
6,257 posts Joined: Jul 2005 From: UEP Subang Jaya 
|
QUOTE(imnotabot @ Dec 29 2016, 05:27 PM) https://www.ptptn.gov.my/web/guest/simpanan/keistimewaan Taxes are paid on income, so withdrawing from investment accounts you should only pay tax on your profit, not on the capital. However I believe currently savings of up to RM250k the profit is not taxed, so for most not-so-rich people don't worry about any taxes from savings accounts/FD interest.Not sure what it means though, which is why I asked. Still not familiar with taxes since I'm only eligible to pay tax next year, so previously I didn't give a damn about taxes. Howevr, if you do unit trust etc. then the profits confirm taxed. But this isn't the place to discuss that. tl;dr the tax exemption is just you can consider yourself earning X amount less this year, no long term effect. |
|
|
Dec 30 2016, 01:16 PM
|
|
Junior Member
531 posts Joined: Oct 2016
|
QUOTE(LostAndFound @ Dec 30 2016, 10:49 AM) Taxes are paid on income, so withdrawing from investment accounts you should only pay tax on your profit, not on the capital. However I believe currently savings of up to RM250k the profit is not taxed, so for most not-so-rich people don't worry about any taxes from savings accounts/FD interest. Ah, I see. Is this officially documented anywhere? I can't seem to find it by googling.Howevr, if you do unit trust etc. then the profits confirm taxed. But this isn't the place to discuss that. tl;dr the tax exemption is just you can consider yourself earning X amount less this year, no long term effect. |
|
|
Dec 30 2016, 02:15 PM
|
Senior Member
4,436 posts Joined: Oct 2008
|
Maxed out my SSPN quota for 2016. Now I await my to do tax return in Apr 2017 in which to get my tax relief.
|
|
|
Dec 31 2016, 05:37 AM
|
|
Senior Member
6,257 posts Joined: Jul 2005 From: UEP Subang Jaya
|
QUOTE(imnotabot @ Dec 30 2016, 01:16 PM) Ah, I see. Is this officially documented anywhere? I can't seem to find it by googling. LHDN. I recommend the malay language version if you're comfortable with it, it's more accurate. |
|
|
|
|
|
Dec 31 2016, 06:26 AM
|
|
All Stars
14,856 posts Joined: Mar 2015
|
QUOTE(T231H @ Dec 29 2016, 05:04 PM) not subjected to taxes..... btw, where did you learnt about the taxes?  YES  http://www.ctim.org.my/download.asp?cat=14...%20(FGDIEG).2qs Attached thumbnail(s) 
|
|
|
Jan 1 2017, 08:51 AM
|
|
Senior Member
6,257 posts Joined: Jul 2005 From: UEP Subang Jaya
|
Anyone tried withdrawal before? About how long did it take?
|
|
|
Jan 1 2017, 11:16 AM
|
|
Senior Member
989 posts Joined: Feb 2008
|
anyone know if the money put in sspn from 1/1/16 and withdraw at 1/1/17 then the saver will still entitle for dividend 2016 that later declared on apr17 or may17?
|
|
|
Jan 1 2017, 10:46 PM
|
|
Senior Member
5,847 posts Joined: Sep 2009
|
QUOTE(bm_kia @ Dec 28 2016, 03:22 PM) If I top-up via Direct Debit on M2U, can claim the freebies? i dont think can claim. |
|
|
Jan 2 2017, 01:52 PM
|
Senior Member
2,065 posts Joined: Oct 2014 From: Ipoh,Perak
|
QUOTE(LostAndFound @ Jan 1 2017, 08:51 AM) Anyone tried withdrawal before? About how long did it take? Last year l did, get the money in less than a week..this year haven't go yet.. stated within 14 working days |
|
|
Jan 3 2017, 11:21 AM
|
Senior Member
4,081 posts Joined: Aug 2005 
|
QUOTE(rapple @ Jan 2 2017, 01:52 PM) Last year l did, get the money in less than a week..this year haven't go yet.. stated within 14 working days so, now can take out money d? i mean 2016 income tax rebate alerady been entitled right? |
|
|
Jan 3 2017, 11:54 AM
|
|
Senior Member
2,065 posts Joined: Oct 2014 From: Ipoh,Perak
|
QUOTE(low yat 82 @ Jan 3 2017, 11:21 AM) so, now can take out money d? i mean 2016 income tax rebate alerady been entitled right? Yes for 2016 tax relieve. |
|
|
|
|
|
Jan 4 2017, 08:31 AM
|
|
Senior Member
4,081 posts Joined: Aug 2005
|
QUOTE(rapple @ Jan 3 2017, 11:54 AM) Yes for 2016 tax relieve. already submitted borang pengeluaran. hopefully can settle fas  |
|
|
Jan 4 2017, 10:35 AM
|
Senior Member
1,229 posts Joined: Jan 2003 From: Malacca
|
QUOTE(rapple @ Jan 3 2017, 11:54 AM) Yes for 2016 tax relieve. the income tax statement 2016 is not ready yet, you sure can withdraw now? |
|
|
Jan 4 2017, 10:49 AM
|
|
Senior Member
4,081 posts Joined: Aug 2005
|
but d acc statement already stated.
SIMPANAN/PENGELUARAN BERSIH SEHINGGA DISEMBER 2016 jus income tax statement 2016 not ready yet. i guess shud b ready by march 17?? |
|
|
Jan 4 2017, 10:53 AM
|
|
Senior Member
2,065 posts Joined: Oct 2014 From: Ipoh,Perak
|
QUOTE(alex_cyw1985 @ Jan 4 2017, 10:35 AM) the income tax statement 2016 is not ready yet, you sure can withdraw now? sure.. unless you think their statement dated on 31st Dec 2016 will show Jan 2017 withdrawal. |
|
|
Jan 4 2017, 10:56 AM
|
|
Senior Member
1,229 posts Joined: Jan 2003 From: Malacca
|
QUOTE(rapple @ Jan 4 2017, 10:53 AM) sure.. unless you think their statement dated on 31st Dec 2016 will show Jan 2017 withdrawal. I thought for income tax, we must generate the 'PENYATA RINGKASAN AKAUN SSPN UNTUK PELEPASAN CUKAI' instead of 'PENYATA AKAUN SSPN'.PENYATA RINGKASAN AKAUN SSPN UNTUK PELEPASAN CUKAI for 2016 cannot be generated yet. |
|
|
Jan 4 2017, 11:03 AM
|
|
Senior Member
2,065 posts Joined: Oct 2014 From: Ipoh,Perak
|
QUOTE(alex_cyw1985 @ Jan 4 2017, 10:56 AM) I thought for income tax, we must generate the 'PENYATA RINGKASAN AKAUN SSPN UNTUK PELEPASAN CUKAI' instead of 'PENYATA AKAUN SSPN'. PENYATA RINGKASAN AKAUN SSPN UNTUK PELEPASAN CUKAI is for YA 2016. PENYATA RINGKASAN AKAUN SSPN UNTUK PELEPASAN CUKAI for 2016 cannot be generated yet. The withdrawal happen in YA 2017. 
YA2015 Statement - Jan 2016 withdrawal This post has been edited by rapple: Jan 4 2017, 11:11 AM |
|
|
Jan 5 2017, 12:14 AM
|
Junior Member
474 posts Joined: Mar 2009
|
hi guys, i open a new sspn i-plus last week and want to check the a/c details all that.
i use the link provided in registration email which is http://esspniplus.ptptn.gov.my/penyatasp/index.php but it doesn't seems to show anything. any idea? |
| Change to: |  0.0199sec
 0.54
 6 queries
 GZIP Disabled
Time is now: 30th November 2025 - 11:54 AM |
Quote