facebookCan my dad (who is working) and me who is working, contribute to my mum's CPF RA (she currently has zero income, get 7k of tax relief each? - Seedly

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Anonymous

20 Apr 2020

Saving Hacks

Can my dad (who is working) and me who is working, contribute to my mum's CPF RA (she currently has zero income, get 7k of tax relief each?

If my dad contribute 7k already, means I cannot contribute 7k and expect to get a tax relief?

Discussion (2)

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Loh Tat Tian

20 Apr 2020

Founder at PolicyWoke (We Buy Insurance Policies)

The tax relief is for each person contributing. So both you and your dad will get the 7k tax relief (up till your mum one hits FRS). 2 person contribute just means in the future, no more tax relief lo lol!. but good thing also if you hit it faster.

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