a question. Must be at least 1 months (full 30 days) money deposited and stay in sspn account before we withdraw then it can be count in tax deduction?

let say, i deposit rm6k in 6 dec 2019. withdraw in 2 december 2020. can be count in tax relief?

thanks..as long as there is positive balance before 1 Jan 2020, should be eligible for tax deduction

yeah i did read the link above before opening sspn i account for my son. Just this question im a bit confuse:

Pendeposit mempunyai baki akaun pada tahun sebelumnya sebanyak RM4,500. Pada tahun semasa, pendeposit telah membuat simpanan sebanyak RM3,000 dan membuat pengeluaran sebanyak RM1,000. Berapakah jumlah insentif pelepasan taksiran cukai pendapatan bagi tahun semasa?

Pendeposit layak mendapat insentif pelepasan taksiran cukai ke atas simpanan bersih bagi tahun taksiran semasa sebanyak RM2,000 (RM3,000 - RM1,000).

Pengiraan:

Baki akaun sebelumnya = RM4,500.00 (tidak diambil kira)
Penambahan deposit semasa = RM3,000.00
Pengeluaran deposit semasa = RM1,000.00
Simpanan bersih semasa = RM2,000.00

How about scenario - deposit in dec 2019 rm5k. withdrawn rm5k in January 2020

then recycle same thing on dec 2020. withdraw in January 2021 (let say the tax deduction still available)

are we will get tax relief of rm5k for 2019 and 2020?

this is part i confused. why need to double the amount from 6k to 12k for next year deposit? From PTPTN original scenario, BAKI from last year will not count for tahun semasa?

can just let it like this:

depo on dec 2017 rm6k , withdraw on Jan 2018 rm6k - ZERO balance on feb 2018

then depo back rm6k on dec 2018, withdraw Jan 2019 6k

alright bro

guys, wanna ask, last week (thursday) manage to open sspn-i for my boy. quickly after that i open bank islam account and link it to the sspn account. did some deposit via boost and received deposit conformation by emel (from PTPTN)

my question, where can i check current balance in my sspn-i account? try the link in sspn but just show my account is active without option of penyata semasa. Check via bank islam ATM (sspn - penyata baki) also fail (no data).

btw, already more than 48 hours from my last deposit trasaction. thanks

i cant find the option of penyata akaun semasa even after login in ptptn

https://imgur.com/KX6rSmU (try to add image but i failed

This post has been edited by monodevil: Jul 10 2019, 07:33 PM

ahhh silly me. thanks soo much bro.

yeah all my deposit already in the account

1) No grace period. u can deposit right away after opening account (but i open account at PTPTN branch, not sure about opening via online)

2) if deposit at branch, only can use debit card and BP as im aware of. u can also deposit via boost apps.

why so early? u still can bank in during dec 2020 if the purpose solely for tax deduction

Usually when can we withdraw sspn fund to bank? I try penyata semak online but still unavailable

Thanks bruh

I deposited around 12.30 am on 1 january but not updated. u sure yours already been updated?

alright noted. i deposited via boost. maybe taking sometime to be reflect in penyata

deposit via boost at 10.30 am. success