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 Private Retirement Fund, What the hell is that??

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Cactus89
post Jun 15 2018, 05:59 PM

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QUOTE(jordin.spark @ Jun 15 2018, 05:31 PM)
Just want to ask,
1. Government has been changed, so the 1k incentive is still available now?
2. I had contributed 1k to PRS, deducted some changes, it was less than 1k, am I still eligible to get the 1k incentive?
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Yes, u r eligible.
Nobody know when will the new gov giving out the 1k incentive.

Cactus89
post Jul 3 2018, 12:54 PM

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latest reply I got from ppa.
the Youth Incentive payment has been approved in mid-April-May, we are still waiting for the disbursement from Ministry of Finance to PPA. This is taking longer than usual as the Treasury Department is undergoing a transition.

it seems like lot of politic taking place.. xD
Cactus89
post Jul 31 2018, 12:58 PM

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Aim for the 3k tax relief.. regarding the 1k incentive, I think the gov has run out of allocation and with reduce revenue due to 0% gst.. where got money to pay now. wait until SST being implemented..just my 2 cent..

 

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