facebookCan we get tax relief for top ups above $7K? - Seedly

Anonymous

18 Jun 2019

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Can we get tax relief for top ups above $7K?

Can CPF raise the SA limit above FRS for tax relief?

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Yes, if you top up for your family members.

Extracted from iras website:
The maximum CPF Cash Top-up Relief per Year of Assessment (YA) is $14,000 (maximum $7,000 for self, and maximum $7,000 for family members).

We can get tax relief for cash top ups (capped at S$14k)

  • S$7k relief for yourself

  • S$7k relief...

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