Tenancy Agreement Stamp Duty Calculator
Total cost involved for tenancy period of 1 year diy tenancy agreement stamp duty stamping for 2nd copy rm120 rm10 rm130.
Tenancy agreement stamp duty calculator. Please contact us for a quotation for services required. Lease or tenancy agreement. How do i calculate the stamp duty payable for the tenancy agreement. Legal fee for tenancy agreement period of above 3 years.
Tenancy period 3 years payable stamp duty rm30 000 rm250 x rm4 120 x rm4 rm480 figures will be rounded up step 4. Next rm 90000 rental 20 of the monthly rent. Home malaysia law firm malaysia law statutes legal fee stamp duty for sale purchase agreement loan the calculation formula for legal fee stamp duty is fixed as they are governed by law. Usually there are other fees and charges payable such.
Variation of lease supplemental agreement before lease commences. How do i calculate the stamp duty payable for the tenancy agreement. Stamp duty payable 0 4 of the rent for the extended period from 1 jan 2021 31 mar 2021 0 4 x 10 000 x 3 120 for rates. The sdlt threshold was raised in march 2005 to 120 000 and in march 2006 to 125 000.
The above calculator is for legal fees and or stamp duty in respect of the principal document only. Enter the monthly rental duration number of additional copies to be stamped. Sdlt is a tax levied on tenancy transactions paid by tenants and is calculated on the amount of gross rent for the term of the tenancy less a pre set discount temporal discount rate currently 3 5. We recommend you to download easylaw phone app calculator to calculate it easily.
Legal fees calculator to calculate legal fees and stamp duty for a tenancy agreement. Online calculator to calculate tenancy agreement stamp duty. The amount of stamp duty currently payable on the instrument will be shown. For second copy of tenancy agreement the stamping cost is rm10.
First rm 10 000 rental 50 of the monthly rent. Registered account if you perform e stamping frequently you may wish to sign up as a corppass user and enjoy additional features. All you need is a registered account with us. Legal fees calculator to calculate legal fees and stamp duty for a tenancy agreement.
The standard stamp duty chargeable for tenancy agreement are as follows. To use this calculator.