Borneo Bulletin

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Did you know that misusing your SPK Housing Withdrawal funds could lead to fines up to BND10,000? That's a hefty price for not planning wisely! TAP is on a mission to keep your housing dreams safe and sound, while also offering guidance and support. Who knew retirement savings could be so adventurous?

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Borneo Bulletin Article

Published on 23rd January 2024

The Employees Trust Fund (TAP) in Brunei has cautioned the public against misusing SPK Housing Withdrawal funds for purposes other than housing. They emphasize that such withdrawals can negatively impact future home financing and highlight potential penalties, including fines up to BND10,000 for misuse. TAP encourages...

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