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Anonymous
Is a housing refund with cash to my CPF tax deductible?
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Tan Choong Hwee
12 Jun 2021
Investor/Trader at Home
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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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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 Remember you are refunding OA money you had withdrawn for housing, and you already enjoyed tax relief for those OA money when your employment contributions went into your CPF accounts.