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 Private Retirement Fund, What the hell is that??

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David900924
post Aug 12 2014, 06:59 AM

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Guys, about PRS 3k tax relief, does it mean I have to contribute mininum RM250 monthly, or 3k yearly to enjoy the 3k relief every year? or??
David900924
post Aug 12 2014, 05:37 PM

Crypto Master
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Joined: Dec 2005
From: Sibu, KL


QUOTE(cempedaklife @ Aug 12 2014, 09:55 AM)
its a max, no minimum contribution needed to get tax relief...
but you would only get the tax relief up to 3k of your PRS contribution, yearly (max)
*
so lets say I contribute RM100/monthly, i still can get can tax relief of 3000?

 

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