How should I stamp a Novation Agreement or an Assignment of Lease to a new Landlord instead of to a new Tenant?

iras

Last updated 4mo ago

For an assignment of lease to a new landlord, stamp duty is chargeable on the consideration, if any, at the BSD rates. If there is no consideration paid, stamp duty is not applicable.

If you are unsure whether your agreement is subject to stamp duty, please submit your document for our assessment through the e-Stamping Portal by following these steps:

1. Go to myTax Portal and click on "Stamp Duty".

2. Log in as an Individual User or Business User.

3. Click on “Requests” in the top navigation bar.

4. Select “Apply for Assessment/Appeal”.

Upon successful submission, you will receive a case reference number, and you will be notified once the review is completed.

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How should I stamp a Novation Agreement or an Assignment of Lease to a new Landlord instead of to a new Tenant?

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