iras stamp duty​ 4.4 34

iras stamp duty​ 4.4 34

Blog Article

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

For property buyers, the rate depends on the purchase price or market value. Payment can be made electronically or at designated IRAS service counters.

These tools simplify compliance and ensure accurate payment. Exemptions and reliefs may be available under certain conditions, such as for first-time homebuyers or specific property types.

Timely payment ensures smooth completion of transactions.

Staying read more informed about stamp duty saves time and prevents complications during transactions.