Mission 5 · Withdraw, switch, tax
Tax, SST and statements in Versa
Versa returns are tax-exempt for individuals, 8% SST on fees since 1 Oct 2025 is already included in the unit price, FATCA/CRS forms, and how to get your statements.
Quick answer
- Save and Invest returns for individuals are tax-exempt income.
- 8% SST on fees since 1 Oct 2025 is already factored into the unit price. The figures in the app are already net.
- PRS statements are sent every half year. Other transaction history is in the app.
What you need
- None. This is just for understanding.
Are Versa gains taxed?
For individuals, Versa’s answer is clear: Tax on returns: tax-exempt for individuals. Returns from Save and Invest funds don’t need to be declared as chargeable income.
This is different from PRS. PRS doesn’t tax your returns either, but it gives relief on your contributions. See PRS Versa tax relief.
8% SST on fees
Starting 1 October 2025, the government expanded SST to cover financial services. For Versa, this means SST on fees: 8% since 1 Oct 2025, already inside the unit price. SST is charged on:
- Unit trust and PRS management fees
- Unit trust and PRS trustee fees
- PPA fees for PRS accounts
You don’t need to deduct 8% yourself from the returns shown in the app. Versa shows net returns, meaning after all fees and SST. SST on management and trustee fees isn’t billed to you directly; it’s folded into the fund’s cost and has a small effect on the NAV.
Tax obligations in other countries
If you have tax obligations in more than one country, you’ll need to fill in a FATCA and CRS Self-Certification form. This usually applies to Malaysian citizens living or working abroad.
Statements and records
Transaction history. All cash-ins, cash-outs, switches, distributions (reinvestment) and rewards (Bonus, Rebates) are in the app’s transaction history. This is the quickest record to check.
PRS statements. AHAM Capital and PPA send statements every half year while you’re contributing to PRS. For an urgent statement, contact AHAM at 1-800-88-7080 or customercare@aham.com.my.
Other requirements. If you need any other account-related document, ask support@versa.com.my and state your purpose. Daus can’t confirm exactly what documents Versa provides.
Inheritance
There’s no nominee facility in Versa. Nominee: none; the executor or administrator deals with AHAM using probate or letters of administration. Keep a record of your account somewhere your next of kin knows about.
Common questions on this topic
Do you pay tax on your returns?
No, returns are treated as tax-exempt income for individuals. The 8% SST on fees is already included in the unit price.
Source: Versa Help Centre #12622448001559 ↗ · Versa Help Centre #34535086403607 ↗
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Past returns do not guarantee future returns. Unit prices can go down. Not financial advice.