Anonymous
Can CPF raise the SA limit above FRS for tax relief?
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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).
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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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Yes, if you top up for your family members.