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 SSPN, Skim Simpanan Pendidikan Nasional

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pysh
post Mar 19 2024, 08:56 AM

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sorry, noob question - will there still be tax exemption for SSPN for year 2024?
pysh
post Mar 5 2025, 12:02 PM

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QUOTE(alex_cyw1985 @ Mar 5 2025, 08:16 AM)
Can I deposit 4k each and claim 4k for husband and 4k for wife? As long as total is 9k per household?
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SSPN has guardian name.. only the guardian can claim tax refund.. so lets say your kid's SSPN account is under husband name, husband can only claim that 8k.. u cant split it half half with your wife..
the deposit amount is auto filled up as well. i suspect if you add yourself, you might get triggered for audit..

So the workaround for this is (confirmed by my friend), open 2 SSPN account for your kid.. one guardian is husband, another guardian is wife.. u ownself manage the deposit equally to both accounts hence both can claim to 8k and max 16k per household..
pysh
post Mar 5 2025, 12:04 PM

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QUOTE(leongsem @ Mar 3 2025, 08:20 AM)
new terms and condition
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bro is the new T&C already out?
pysh
post Mar 5 2025, 12:10 PM

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QUOTE(MUM @ Mar 5 2025, 12:09 PM)
This year cannot already.for the above
Yes, already approved new tnc where "only either 1 can claim only"
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ah thanks! so this year 8k continues?
pysh
post Mar 5 2025, 12:11 PM

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QUOTE(talexeh @ Mar 5 2025, 12:09 PM)
Isn't that exactly what he's asking about? LOL
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his one is more like 1 account but split claim by 2 people..
my suggested solution is you need to have 2 accounts and claim by 2 people..

its different.

 

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