any more way to top up sspn via credit card since kiple only allow 1k?
currently top up with shopee but I don't really like shopee cause they like to ban account

can someone enlighten me
i did use the keyword search function but i still dont understand how the Tax Relief works with SSPN

i normally deposit like RM500 per month for my kids and this has been on going since 4 years ago

i deposit without fail, every month 1st of the month sure RM500 i bank in through FPX

but now i need to withdraw money out but i am also worried that it will impact my tax relief

i dont understand the term "nett" deposit must be 8k

now my son account has like 14k and the last i deposit RM500 was on 1st Jan 2023

so if now i withdraw all 14k for emergency use and then i deposit back RM8k in the month of July do i still entitle for the tax relief?

because if the word "Nett" means if i withdraw 14k then i must put back 14k + 8k to entitle for full 8k tax relief

i am totally confuse

This post has been edited by virtualgay: Feb 1 2023, 11:47 AM

is there a way like to "cheat" it?

make sense just deposit in the month of December
then withdraw it in the month of Jan
but the amount will keep snowballing

Pindah and cant withdra money online
stupid

deposit via shopee on 1st Feb until today not reflected

already 7 days that is why ask lo
1st till 8th ma = 7 days

if 4% then can celebrate

Ask PMX

Gonna cash soon

withdrawal after 5th to get last month interest
if deposit when is best date that money must reflect in the account?

is the 2023 budget finalized and voted? or still up in the air?
PMX forget about SSPN!!

meaning the budget is just half or 80% table correct?
they still need to table whatever they yet to cover
then vote
so our SSPN lagi ada chance la

for my case i am thinking of withdrawing eveything then by December i will enter RM20186.47 + RM8000 = RM28186.47 or should i also make sure to enter back the dividend of RM142.83 as well? i think on the safe side i will saja enter RM8500.

Waiting after 5th then withdraw la... i think like what @Jack&Jail said, the RM8k tax relief benefited mostly T20

Problem with PH gov they never focus on T20 yet they want to squeeze additional $$$ out from T20

safe side is i take out how much i put back how much better

I contribute to sspn is not for my kids education but is for my own tax relief
I am just being honest

budget not even finish table and not even voted
hold your horses

i tunggu budget finalized dulu..

nobody will know for sure
PMX can do magic
see how he do magic on OPR

I still believe in PMX
If really don't have then I withdraw all April 6th
Kasi chance 1 bulan