If a person is a non-PR in the current year but is a PR in the next year, what will his SRS contribution cap be in the next year?
If a person is a non-PR in 2001 but is a PR in 2002, his SRS contribution cap in 2002 should be computed at the rate of 15%, which is the rate applicable to a PR.
Related questions
Will Yearly SRS contribution for 2024 will be increase ?
What is the amount I can contribute to SRS? Is there a limit, and if so, how is this limit determined?
After the SRS operator has computed my SRS contribution cap for the year, is it mandatory for me to make a contribution up to the cap set?
Do I need to contribute regularly to SRS?
Need more help?
Get in touch