Can I claim tax relief for the top-up to my MediSave to pay for CareShield Life premiums?
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 MOH
Related questions
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?
What if I do not have enough MediSave to pay for my MediShield Life premiums, or do not have a MediSave account?
Can I claim tax relief for top-ups to my MediSave Account to pay MediShield Life premiums?
Can I top up my MediSave to fully pay off the outstanding MediShield Life and/or CareShield Life premiums if I am on a GIRO Payment plan?
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