facebookFor cash top-up to spouse and children, what is the maximum top-up for each in order to claim tax relief for YA 2021. Spouse is 51, children are 23 and 25. Any advice? - Seedly

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Vince

21 Jul 2020

CPF

For cash top-up to spouse and children, what is the maximum top-up for each in order to claim tax relief for YA 2021. Spouse is 51, children are 23 and 25. Any advice?

Cpf cash top up so as to maximise tax relief.

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https://www.iras.gov.sg/irashome/Individuals/Lo...

Cash top up only tax deductible for self, parents, spouse or siblings. Income threshold applies for spouse and siblings.

Max $7k relief for self and max $7k relief for others.

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