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 SSPN, Skim Simpanan Pendidikan Nasional

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fairyboy
post Feb 28 2016, 04:22 AM

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So actually does we get the tax relief if we open the spss account for ourselves? Sorry to ask again due to i saw it from the spss official website, there wrote: Individu yang menyimpan untuk diri sendiri tidak diberi pelepasan taksiran cukai.

So still confusing whether we get tax relief or not if the account is opened by ourselves and not by parent.
fairyboy
post Feb 29 2016, 10:49 PM

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QUOTE(T231H @ Feb 28 2016, 09:30 AM)
why do you want to get tax relief for? are you working and is your income bracket subjected to tax?
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juz want to know before i step in working environment, after intern will going to work. But i heard if monthly income is RM2000+, I'm subjected to pay tax. But I'm not so sure about that, so want to know whether got tax relief for SPSS holder.
fairyboy
post Mar 1 2016, 11:35 PM

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QUOTE(T231H @ Feb 29 2016, 11:06 PM)
Income tax relief on SSPN-i savings:
1. Parents and adopted parents/ legal guardians who have an SSPN-i account for their children will be given tax relief up to a maximum of RM6,000.00 per year subject to the total net savings in the current year;
 
2. Parents who filed separate assessment and have opened separate SSPN-i accounts for the same child will be given tax relief up to a maximum of RM6,000.00 per person per year;
 
3. Parents who filed a joint assessment and have opened separate SSPN-i accounts will be given tax relief up to a maximum of RM6,000.00 per year; and
 
4. Individuals who have save for themselves are not given tax relief.

http://www.ptptn.gov.my/web/english/tax-relief-assessment

Am I taxable?
with effect year 2013 an individual who earns an annual employment income of RM30,667 (after EPF deduction) has to register a tax file.
http://e-cukai.com/taxable/
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thx for the clear explanation^.^
fairyboy
post Mar 1 2016, 11:36 PM

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QUOTE(epie @ Mar 1 2016, 08:24 AM)
u r not subjected to income tax
need to worry if ur income above rm3k
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thx you too^^
fairyboy
post Mar 1 2016, 11:41 PM

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Want to ask a new question here, where can I withdrawn the SPSS money? Last time ask the officer, they said nid to go KL main branch to withdrawn. But I'm staying at Penang, wonder any other way can withdrawn money?

And anyone here were student who get PTPTN? Izzit pay at PTPTN center(not sure where) only will not get extra charges like handling fee, etc...
fairyboy
post Mar 2 2016, 11:31 PM

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QUOTE(epie @ Mar 2 2016, 12:53 PM)
u mean SSPN rite?

if SSPN any ptptn branch can do it...the money wil be wired to ur bank account in 14 working days
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really? thx you very much for the info~~


 

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