How Is Stamp Duty Calculated On A Rental Agreement
3 Select the lease as part of the STAMPING application. Read the instructions and details of the input app. Pay online via PPS, VISA or MasterCard or print the payment notice and pay tax through existing payment channels. Finally, print the stamp certificate as instructed and attach it to the rental agreement. (ii) By mail (Box 28827, Gloucester Road Post Office, Wan Chai, HK) You can file a STAMPING application on paper [IRSD111 (E)] by mail. You do not have to join the original lease. The form is available by fax at 2598 6001 or downloaded from the IRD website from or from the Stamp Board. INLAND REVENUE DEPARTMENT STAMP OFFICE 3/F., Revenue Tower, 5 Gloucester Road, Wan Chai, Hong Kong. Tel: 2594 3201 Website: Fax no: 2519 6740 E-Mail: STAMPING PROCEDURES AND EXPLANATORY STOSSTAMPING of Nancy Chargeability to Stamp Duty Lease, Agreement for lease and any other document of similar (including their counterpart and duplicate) are payable with a stamp duty. The landlord, the tenant and all other persons who sign the lease are responsible for paying stamp duty. 2. A lease agreement must be stamped within 30 days of the execution date.
Your one-bedroom rental is so expensive. Are you thinking of sharing, where do you rent a room? KL center? my unit in Bukit Jalil (new high-end apartment) only Rm1600-1700. Normally, there are two copies of leases, one copy for landlords and one for tenants. Both copies must be stamped by LHDN before moving to a new property. The Malaysia Inland Revenue Authority, also known as the “Lembaga Hasil Dalam Negeri Malaysia”, LHDN Malaysia is where you can pay your stamp duty and perhaps get stamps on your leases. To register the contract, you will need some basic documents from the tenant, landlord and witnesses, such as a passport-sized photo. B, a photocopy of proof of identity (for example. B PAN card) and the electricity bill or real estate document such as index II or receipt of taxes from the property that is rented. Leases of one year or more must be registered. For contracts of less than one year, only stamp duty applies, while registration is not mandatory. However, hiring a lawyer can be expensive.