To be eligible for tax relief for the year, MediSave contributions made by self-employed persons must be credited to their CPF accounts by the last calendar day of the year.
MediSave contributions amounts made during the year will be automatically transmitted to the Inland Revenue Authority of Singapore (IRAS) for tax relief in the following year.
Please refer to this
FAQ for more information on the tax eligibility of your contributions.
For more details on tax deductions, please visit the
IRAS website or call the Individual Income Tax / Property Tax Helpline at 1800-356-8300.
