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Anonymous
Will it reflect next year income tax? Do i have to manually filed the tax relief or system auto?
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Elijah Lee
31 Dec 2020
Senior Financial Services Manager at Phillip Securities (Jurong East)
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Ang Yee Gary
26 Dec 2020
Medicine at National University Of Singapore
Yes it should be reflected
Check that you don't exceed the cap of 80k in income relief
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Hi anon,
For Year of Assessment 2020, the assessment is for income earned from 1 Jan 2019 to 31 Dec 2019.
Thus if you topped up in Jan 2020, you will have to wait till around Mar 2021 to see it reflected when you are filing your taxes/reliefs.
CPF board will automatically send the information to IRAS.βββ