Recently I got charged 50 Sen for SSPN i plus auto debit!!! Wth is SSPN / Maybank doing ??? It is not acceptable.. I will contact PTPTN to raise my concern.. Knn …

Since this year onward is single parent. I plan to withdraw my portion and my spouse will continue to put in 8k. But I heard that the net calculation is for both parent. Anyone hears this?

Whaf i meant was the net saving for both parent combine. Means if I withdraw all my protion, it will have impact on my spouse on net saving.

I got this information from ptptn officer when I wanted to withdrawal my portion. She warn me that this will have effect on my spouse tax relief. My spouse need to top up the amount that i has withdraw as the net saving is calculated on both parent. I planned to  stop sspn for this year and withdraw everything. Not sure how true is this information.

My wife withdrew everything from her account recently and the officer didn't say anything (Amcorp Mall branch). Maybe this will only apply if you have joint assessment?

My take is that LHDN is not savvy enough to be able to monitor both husband and wife's account to be able to link the SSPN withdrawals/deposits. Just like how you can claim 100% child allowances on both wife and husbands' names if assessed separately (not that I do). I've been fiddling around with my tax account and it's a shame that you can't see in real time the amount of SSPN deduction you can take for the year.

Looks like I'll just take the plunge and do the full withdrawal and alternative year top-up between husband/wife accounts and see what happens.

Is there a limit of how long you have to hold for to claim for the tax relief? So if i put in this year and claim, then next year take out and dont claim, is this allowed?

Shhhhhhhh .... don't give them any ideas. Let us exploit this potential loophole while we still can.

Hi everyone, just to check:

my wife and I have contributed to SSPN for our two kids. My elder son's account is under my wife's name, and my daughter's is under mine.

My question is, due to the current revised tax relief, only one parent in a family is allowed to claim with a limit of up to RM8,000.

Can I claim for both kids (e.g., RM4,000 each), or do I need to go to a PTPTN branch to change the accounts to be under my name?"

I am going to withdraw everything for my wife's account, since moving forward very likely only one parent can claim, so no point leaving the balance there, better put elsewhere.

Hi anyone can share agent contact? Wanna get free gift 😅

If can pls share to me as well, thanks.

Jsut to confirm, parents father with son, claim 8000 and mother with daughter claim 8000 in seperate tax relief right?

I called lhdn and was told can. Provided u have one kid tax relief. U can’t give two kids tax relief to one spouse and both of u claim 8000 each.  This is what I was told wor.

Yes. I got record down what was said to me.

It’s an audio recording with the officer name. And branch.

omg. means this year i reload 8k for me and 8k for my wife. only one of us can tax.... yrs2025


https://www.facebook.com/photo?fbid=1128879...128881719256562

+ my daughter just go for foundation. means i withdraw money there, not consider withdraw? 

I was under the impression 8k relief PER child.

2 child, u each can get...

1 child, choose 1 parent get..

Pretty sure this is wrong.... it doesnt even come close to making sense

omg. means this year i reload 8k for me and 8k for my wife. only one of us can tax.... yrs2025


https://www.facebook.com/photo?fbid=1128879...128881719256562

+ my daughter just go for foundation. means i withdraw money there, not consider withdraw? 

Ohhh correct also. Actually depends on your tax bracket.
But why your interest so low gehhhh. is it back calculated from loan/FD interest or something?
I also want to borrow money with that interest 
Oh per month interest? x12 becomes per annum

wanna do last minute top up this year.. normally i will top up in the end of Nov so i at least get the entire December interest but this round i am thinking of going last minute as my money work better else where..

any idea when is the last day to top up? I am using FPX saja
scare system down then GG

then when is best time to take out?