if self contribution, can claim income tax relief?

Yes that i saraan. I got that extra incentive for the past few years. But last year hanging and not received.

achievement unlocked once you have 1mil. can take out excess

Can, but has limit. Check the "pelepasan cukai" list.

Huh? Under which?

"Insuran nyawa dan KWSP TERMASUK tidak melalui potongan gaji"

I think total for both is about 7k..

For EPF, about 4k only

This post has been edited by AppleChaz: Mar 6 2022, 11:12 AM

Yes, per attached image and link....
https://yauco.com.my/taxsavings-2021/


Previously I read, if i can remember it correctly,... It has 2 cut off month per year... If contributed before June, it will pay out by Oct, after that, it will pay out by April...
Are that timetable had been the same for your previous past few years I-saraan contributions?

This post has been edited by MUM: Mar 6 2022, 11:12 AM


Attached thumbnail(s)

Ah okay, I thought there is a separate claimable thing for self-contribution only. Thank you.

Deposit i saraan Jan to June, receive incentive by Sep to Oct.

Deposit i saraan July to Dec, receive incentive by Mar to April.

Still not there today too.

Aiyo...got lah...apa you read friend? Everyone can see already.

My self contribution back in Jan all updated.

This post has been edited by c64: Mar 6 2022, 01:54 PM

Really dont have. I used the same way as I did 2 years ago. Transfer using CIMB Clicks, the EPF account is still saved as favourite. Luckily just few hundred to test. Will contact EPF.

You transferred when? If last 2-3 days, wait a bit lah.

2nd March. Previously was reflected on the next day. Will wait for tomorrow then.

Aiya. Wait for 5 working days. By coming Wednesday, will be in. Else i potong Najib's punya.

Last year i did voluntary contribution and was reflected in kwsp account as deposited on 20 February. After this year dividend was credited, the contribution date was changed to 1st March.

So far this year voluntary contribution date is on 10 January, by next year i imagine the record will also be change to 1 February.

Probably will be credited soon. Previously i got it in the month january.

hopefully they will extend the i-saraan incentive beyond this year n extend the max age of < 55 too

Currently i-saraan is applicable up to age 60. However 2022 would be the last year. Like you said hopefully they will extend another 5 years.

thanks for telling the age 60.....any idea when did they changed from 55 to 60 to be eligible for the i saraan incentives of 15%?
or all the while it was 60?

This post has been edited by MUM: Mar 6 2022, 06:05 PM