facebookIf I make a housing refund with cash to my CPF, is that amount tax deductible? - Seedly

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Anonymous

12 Jun 2021

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CPF

If I make a housing refund with cash to my CPF, is that amount tax deductible?

Is a housing refund with cash to my CPF tax deductible?

Discussion (5)

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Tan Choong Hwee

12 Jun 2021

Investor/Trader at Home

There is no tax relief with VHR (Voluntary Housing Refund). Remember you are refunding OA money you had withdrawn for housing, and you already enjoyed tax relief for those OA money when your employment contributions went into your CPF accounts.

Cryotosensei

12 Jun 2021

Blogger at diaperfinancingfund.blogspot.com

No. But I still make voluntary housing refunds contributions anyway, because I want to hit my FRS asap.

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Doubt so...

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