#TaxTip It is never too early to prepare for your (and your loved ones’) retirement needs. Top up your own and/or those of your family members’ CPF Special/Retirement or Medisave Account by 31 Dec 2022 to enjoy the CPF Cash Top-up Relief in Year of Assessment 2023! Do note that there is an overall cap of $80,000 on the total amount of all tax reliefs that can be claimed (including any relief on CPF cash top-ups) for a year. Details and qualifying conditions: www.iras.gov.sg/taxes/individual-income-tax/basics-of-individual-income-tax/tax-reliefs-rebates-and-deductions/tax-reliefs/central-provident-fund-(cpf)-cash-top-up-relief #iras#sg#taxes#taxtip#cpf#relief#retirement

Hashtags

#taxtip #iras #sg #taxes #cpf #relief #retirement