TAX QUESTIONS? YOU ASK LAH!

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Q: I have 2 children, if my husband and I open an SSPN account for each child separately, can both of us claim the tax relief of RM8,000 separately in our tax return?

A: Can, as long as both the husband and wife have contributed at least a net deposit of RM8,000 each, both the husband and wife can claim the tax relief of RM8,000 each.


Wishing you plentiful tax savings!

Zen Chow

YYC Tax Guru

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