private retirement scheme tax relief

What is a Private Retirement Scheme PRS. Computation table is for illustration purpose only.

Prs Faq Private Pension Administrator Malaysia Ppa

You can claim tax relief of up to RM3000 when you invest in PRS until 2025.

. Heres an illustration of how much you could save in taxes. PRS is a voluntary investment scheme to help you save for retirement. SRS contributions made on or after 1 Jan 2017 help maximise the total amount of tax relief you can claim.

The total personal income tax relief claimable in a year from the Year of Assessment 2018 is S80000.

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