Anonymous
Let's say BTO costs 200k and you have 300k+++ in the CPF to deduct. Will CPF still accrue interest if you decide to fully pay the BTO at one shot?
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Yes. U do. Even if fully paid up, if you have use the OA money for paying hdb loan. There will be accrue interest. It will keep on accumulating unless u pay cash to cpf.
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Gerard Ong
06 Sep 2018
Tax Manager at Ernst & Young
Yes of course, because it is akin to "borrowing" a loan from your own cpf account. The 200...
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