facebookIncome year assessment is from 1 Jan 2019 to 31 Dec 2019 right? Means i must faster top up $7k to my SA if i want the tax relief for financial year 2019 is it? - Seedly
Seedly logo
Seedly logo
 

Advertisement

Anonymous

Posted on 23 Dec 2019

Income year assessment is from 1 Jan 2019 to 31 Dec 2019 right? Means i must faster top up $7k to my SA if i want the tax relief for financial year 2019 is it?

Does anyone know if i can split the top up? Eg, 5k today and 2k tmr?

0 comments

4 answers

Discussion (4)

Geraldo L.

Geraldo L.

Level 12. Master

Posted on 06 Mar 2020

Yes, the funds have to reach CPF by the end of the calender year and the fastest you can do so is via PayNow QR.

0

Post

Rais M

Rais M

Level 12. Master

Posted on 06 Mar 2020

Yes. You must top up before the end of the financial year. In fact, it is recommended you top up the $7k early in the year so as to maximise the interest of 4% you can earn throughout the year.

0

Post

Yes, you have until next week deadline to do it.

Did my in the past week also.

![](https://f.seedl...

Read 2 other discussions with a Seedly account

You will also enjoy exclusive benefits and get access to members only features.

Continue with Facebook
Sign in with Apple

Sign up or login with an email here

Write your thoughts