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Is today too late to cash top up sa and srs

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Old 31-12-2017, 04:46 PM   #1
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Is today too late to cash top up sa and srs

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Old 31-12-2017, 04:53 PM   #2
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It is too late to do it online to get your tax reliefs for FY 2017.

In fact, it is too late to do it via any method.
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Old 31-12-2017, 04:56 PM   #3
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Too late for CPF. Might not be too late for SRS if you can find a branch thatís still open this evening, and I think all three SRS custodians still have at least one branch thatís open as I write this.
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Old 31-12-2017, 05:09 PM   #4
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Ah. Already got srs account with ocbc. Thought just transfer online is OK?

Too late for CPF. Might not be too late for SRS if you can find a branch thatís still open this evening, and I think all three SRS custodians still have at least one branch thatís open as I write this.
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Old 31-12-2017, 05:11 PM   #5
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Cpf online also too late ah. Hmm. Thought only cheque is too late due to clearance. Hmm.

Too late for CPF. Might not be too late for SRS if you can find a branch thatís still open this evening, and I think all three SRS custodians still have at least one branch thatís open as I write this.
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Old 31-12-2017, 05:24 PM   #6
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From ocbc srs menu

To qualify for tax relief against income earned in the current year, your account must be opened no later than 2 business days before 31 December. You must also make your contribution before 31 December. You can contribute as long as you have not made any penalty-free withdrawals previously.




2. If your request is submitted before 12:00 AM on the last business day of the year (on or before 31st December), your SRS Contribution will be made that same year.

It is too late to do it online to get your tax reliefs for FY 2017.

In fact, it is too late to do it via any method.
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Old 31-12-2017, 05:24 PM   #7
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Can’t be that smart to wait till today.
Waiting for last minute !
OCBC has branches open today if you
SRS with it.
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Old 31-12-2017, 05:29 PM   #8
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From ocbc srs menu

To qualify for tax relief against income earned in the current year, your account must be opened no later than 2 business days before 31 December. You must also make your contribution before 31 December. You can contribute as long as you have not made any penalty-free withdrawals previously.




2. If your request is submitted before 12:00 AM on the last business day of the year (on or before 31st December), your SRS Contribution will be made that same year.
If 31 Dec is a weekday, then yeah..
It happens this year that 31 Dec is a Sunday.
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Old 31-12-2017, 05:33 PM   #9
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Seem like ocbc srs can't

Cpf seem OK. Only this from their site

^ If you are topping up by cheque, your application must reach the Board by 31 December, 10 am, to enjoy tax relief for the following year's Tax Assessment. If 31 December falls on a weekend, your application should reach us on the last working Friday of the year, 10 am. This is to allow sufficient time for the cheque to be cleared.

If 31 Dec is a weekday, then yeah..
It happens this year that 31 Dec is a Sunday.
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Old 31-12-2017, 05:36 PM   #10
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Seem like ocbc srs can't

Cpf seem OK. Only this from their site

^ If you are topping up by cheque, your application must reach the Board by 31 December, 10 am, to enjoy tax relief for the following year's Tax Assessment. If 31 December falls on a weekend, your application should reach us on the last working Friday of the year, 10 am. This is to allow sufficient time for the cheque to be cleared.
Well, do it earlier next year. Preferably 1-2 weeks earlier, if you really must top up only in December.

I do it in January every year.
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Old 31-12-2017, 05:46 PM   #11
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I'm afraid all OCBC Sunday branches closed at 3:00 p.m. on December 31, 2017 (almost 3 hours ago as I write this). So a branch visit is no longer possible.

You can try to make an online transfer right now and see if it works. It might, but be prepared for that contribution to be your first SRS contribution of 2018. This definitely won't work if you don't already have a SRS account.

CPF is out of the question. That 2017 deadline has absolutely passed.
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Old 31-12-2017, 05:56 PM   #12
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Like what Michael learns to rock sings - you are xx minutes too late....

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Old 31-12-2017, 06:24 PM   #13
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why wait till the last hour
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The future belongs to those who believe in the beauty of their dreams - Eleanor Roosevelt
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Old 31-12-2017, 09:05 PM   #14
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Top up both srs and sa
We see if any gets thru. How to see? Lol
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Old 31-12-2017, 10:23 PM   #15
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Top up both srs and sa
We see if any gets thru. How to see? Lol
To be 100% sure, can wait for tax bill. I think ocbc SRS still can do online today though it's Sunday. But don't take my word for it since I didn't test it myself.
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