iras stamp duty​ 4.4 34

iras stamp duty​ 4.4 34

Blog Article

IRAS stamp duty regulations is collected by the Inland Revenue Authority of Singapore on qualifying instruments. Stamp duty affects buyers and sellers involved in property deals.

Additional Buyer’s Stamp Duty (ABSD) may apply to certain groups such as foreigners or companies. Payment can be made electronically or at designated IRAS service counters.

IRAS provides detailed guidelines and calculators online here to help taxpayers determine the correct stamp duty amount. Exemptions and reliefs may be available under certain conditions, such as for first-time homebuyers or specific property types.

Proper knowledge helps avoid legal issues and unexpected costs..

Using IRAS online tools can help calculate your stamp duty accurately.