Tenancy Agreement Stamping Fees Calculator

The rental stamp tax calculator helps you determine the amount of stamp duty that IRAS must pay for the signed lease. This applies to all property rented by landlords to tenants. Normally, there are two copies of the lease, one copy for the owners and one for the 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. A formal lease is best prepared by a lawyer and must be stamped by Lembaga Hasil Dalam Negeri Malaysia (LHDN) or the Inland Revenue Board of Malaysia (IRB) to become a valid legal document. To this end, you must pay a stamp duty, administrative or legal fees. Hello wants to know if I only rent one room rm1100 per month, the owner charges me a rental fee rm354.00, the unit got 4 rooms, its all costs individually I think. So I have to pay that much? We`re renting a four-bed unit. The owner says you have to pay 1000rm stamp duty. This is not correct according to your computer.

How can we appeal? As noted above, the legal fee for a lease is standardized in Malaysia. The fees are: Legal fees for a lease of more than 3 years: Recruitment of a lawyer can however be expensive. As a result, landlords may decide to design their contract and ask the tenant to accept it. In order for the lease to be legal and admissible in court, it must be stamped by LHDN. There are also administration fees that go to the real estate agency or the owner. Two application forms, SDP 1 and PDS 49 (A), must be submitted to the nearest LHDN branch. Two copies must be stamped, one for the owner and the other for the tenant. The additional copy of the lease stamped RM10.

It is also possible to take everything online. You can sign the online rental agreement via Speedmanage, a speedHOME web solution. The calculation here is simpler. As the previous example of the monthly rm1.700 rental, the administration fee is 150 RM. Therefore, the total amount to be paid for a lease of one year or less (stamp duty and administrative fees): (RM82 RM150) – RM232. Note: The above computer only applies to legal fees and/or stamp duty for the main document. As a general rule, other fees and taxes must be paid, such as.B. legal fees for subsidiary documents, GST and other payments (out-of-pocket cost).

For a full offer for your particular circumstances, please contact Ms. Ma Pin Yen (pinyen@gtrz.com.my), Ms. Lee Fong Ling (fongling@gtrz.com.my) and Ms. Lee Yun Zhi (yunzhi@gtrz.com.my). Stamp duty for housing rent takes into account two factors. First, the duration of the agreement is the second is the annual rent of RM2.400. Your stamp duty is RM1000 if you rent for 2 years at the price of RM10k/mo.