Skim Simpanan Pendidikan Nasional Tax Relief

Net deposit in skim simpanan pendidikan nasional total deposit in 2019 minus total withdrawal in 2019 8 000 restricted 12.

Skim simpanan pendidikan nasional tax relief. Akaun sspn atau lebih dikenali dengan skim pendidikan nasional sspn i. The skim simpanan pendidikan nasional sspn or the national educations savings scheme is a savings plan introduced by ptptn to enable parents to invest for their children s higher education. Sspn adalah skim simpanan yang direka. Can i close the account and withdraw all the in such short time frame.

Tabungan bersih bermaksud jumlah simpanan dalam tahun taksiran semasa tolak jumlah pengeluaran dalam tahun taksiran semasa sekiranya ada. Skim yang ditawarkan adalah patuh syariah yang menggunakan konsep wakalah bil istithmar di mana pendeposit melantik ptptn untuk menguruskan deposit mereka bagi tujuan pelaburan. From the income tax saving perspective if you are in the highest income tax bracket of 26 and you deposit rm6 000 into the sspn i account for your children you will enjoy a tax relief of up to rm6 000 x 26 rm1 560. As announced in budget 2013 it is proposed that personal tax relief for saving deposits placed with sspn i for the benefit of their children be increased from existing rm3 000 to rm6 000 effective from year of assessment 2012 to 2017.

Tax relief for resident individual. On nov dec 2017 i go deposit 6k sspn for my child. Tabungan bersih di dalam akaun sspn i plus yang dibuka untuk anak termasuk anak angkat dan anak jagaan yang sah sehingga rm8 000. Does it worth to put saving in skim simpanan pendidikan nasional sspn i.

On jan 2018 i go close that sspn account and take out all the 6k and go invest something else. Posted on june 30 2019 june 30 2019. The national education savings scheme sspn i was designed by the national higher education fund corporation ptptn for the purpose of higher education. You can claim tax relief for the net deposit in sspn up to the claim limitation if your total deposit for the year 2019 is higher than your total withdrawal.

Sspn adalah skim simpanan yang direka. Amount rm 1. The skim simpanan pendidikan nasional sspn or national education savings scheme is a savings plan specially designed by perbadanan tabung pendidikan tinggi nasional ptptn or the national higher education fund corporation to enable parents guardians to invest for their children s higher education. Back to our question.

Buka akaun sspn i di maybank. Tabungan skim simpanan pendidikan nasional. So that can get 6k tax relief in taxable year 2017. If can do will my 6k tax relief still valid.

Tabungan bersih dalam skim simpanan pendidikan nasional sspn jumlah simpanan dalam tahun 2019 tolak jumlah pengeluaran dalam tahun 2019 8 000 terhad 12. Year of assessment 2019.