10 Stamp duty is $425 Example 6 [ 7,000 x 12 x $5 (for copy]). A 2-copy rental contract was signed on February 1, 2010 for a 7-year term of 4 years from July 1, 2010 with a monthly rent of 12,000 USD for the first 2 years and 15,000 USD for the last 2 years. Stamp duty is $1,625 [ (12,000 x 24 USD – 15,000 x 24 USD)/4 x 1/100 – 5 USD (for copy)]. Free Rental Contract A 2-copy rental agreement was signed on July 2, 2010 for a term of 2 example 8 years from September 1, 2010 with a monthly rent of $10,000 and a 2-month rental period from September 1, 2010 to October 31, 2010. Stamp stamp certificates issued by Stamp Revenue`s collector have the same legal status as conventional instrument stamps. To verify the authenticity of the certificates, see www.gov.hk/estamping. 7 An application for the surrender of the sanction must be submitted in writing with explanations of the delay and supporting documents. The stamp revenue collector may transfer all or part of the fine to be paid depending on the individual circumstances of each case. STAMP OFFICE August 2012 2 IRSD119 (E) (8/2012) Appendix Examples of stamp duty calculation on lease agreements Term of lease (a) The calculation of the duration of a lease includes both the start date and the termination date.
Example lease 1A starts on January 1, 2010 and expires on December 31, 2010. You can download up to 50 tampon requests simultaneously without inviting them to the screen one after the other. Please note that this section is designed only as information and should not be used as advice. You should seek advice, regardless of professional advice, if you have any doubts about SDLT. The fees are: Hello, I would like to ask, can I make only 1 movement of the agreement on the brand? My tenant does not want a copy for himself only 1 set of the agreement and we share it only for the possible Izzit costs, only 1satz-stamp only at lhdn Thank you Duty Stamp is a tax that is imposed on documents that have a legal, commercial and financial impact. It would cover things like leases, land titles and even insurance policies. It`s like paying income tax for income, but now you`re paying taxes for a deal. I do not know if that is true. For all the time, I have my stamp at LHDN So the judge will not set aside your case, he will propose your stamp duty with the sentence to LHDN first again in court to pursue your case. If my tenant wishes to renew TA and there is no change in terms and conditions, do I have to prepare a new agreement that will be stamped for the new period? Can I only issue a renewal letter for the lease indicating the start of the new contract? If so, do I have to point to the letter of the extension? Take advantage of your advice. Section 33: The fee for the provision of the correct stamp duty is borne by the person mentioned in the second column of this calendar; (a) for the instruments described in the first column of the third appendix; Please send a copy of the lease and the renewal of the rental agreement by email.