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Can I claim tax relief for the top-up to my MediSave to pay for CareShield Life premiums?

Updated by CPF
Top-ups to MediSave to pay CareShield Life premiums are generally treated as voluntary top-ups and those who are eligible may enjoy tax relief. These top-ups can also be used to offset MediSave liability for Self-Employed Persons.

This information is sourced from CPF.

Topics:

Healthcare FinancingCareShield Life

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If I top up my MediSave to pay my CareShield Life premiums, does it count towards the MediSave amount that a self-employed person needs to contribute?

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Can I claim tax relief for the top-up to my MediSave to pay for CareShield Life premiums?

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