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neo_6053
post Sep 6 2017, 10:27 AM

On my way
****
Junior Member
650 posts

Joined: Jan 2003


Hi, all sifu, want to clarify sth

1. I heard tax relief until this year only and no more tax relief starting next year?
2. But I also saw some above post say it will drop back to 3k next year, if yes, it will continue for how long? as long as the fund goes?
3. My EPF tax deduction is already fullfilled (6k) , is it still wise to invest?
4. I heard if withdraw the money, you will need to pay back all the tax deduction that you had, is that true?

I saw every year at least 4%, I bet that is at least better than FD.
neo_6053
post Sep 6 2017, 10:50 PM

On my way
****
Junior Member
650 posts

Joined: Jan 2003


QUOTE(MUM @ Sep 6 2017, 10:37 AM)

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So, is it totally no tax deduction next year or rm3k or wait government announce?

When is budget 2018? It will be included in the announcement right?
neo_6053
post Sep 6 2017, 10:53 PM

On my way
****
Junior Member
650 posts

Joined: Jan 2003


Well, my tax is high now and want to look for education fund for my kid and I m sucks at investing, Infact hvnt invest any. Thus, want to start with education fund at least. And Tax deduction is great too

 

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