Duty Rates for Lease Duty, Mortgage Duty and Duty on Share Transfer
Description
Inland Revenue Authority of Singapore reference table of stamp duty rates for lease duty, mortgage duty, and duty on share transfers effective between 2003 and November 2017. Rows specify document type, lease term, duty base, amount, rate, and maximum duty caps. Lawyers, conveyancers, and property analysts use the schedule to estimate stamp liabilities on tenancy and mortgage instruments. IRAS notes exemptions for short low-value leases under the stated annual rent threshold.
Official description
Tenancy/ Lease of Immovable Property is exempt from stamp duty if the Average Annual Rent and Other Consideration calculated for a whole year does not exceed S$1,000.
- Last updated
- Coverage
- 2003-01-01 – 2017-11-03
- Rows
- 10
- Columns
- 7
Data
| From | Type of Document | Lease Term | Duty Levied On | Amount of Duty | Rate of Duty | Maximum Amount of Duty |
|---|---|---|---|---|---|---|
| 2003-01-01 | Mortgage of Immovable Property or Stocks & Shares | na | Every S$1,000 or part thereof of amount of facilities granted | 4 | na | 500 |
| 2014-02-22 | Mortgage of Immovable Property or Stocks & Shares | na | Amount of facilities granted | na | 0.4 | 500 |
| 2003-01-04 | Tenancy/ Lease of Immovable Property | Not exceeding 1 year | Every S$250 or part thereof of annual rent, where Average Annual Rent and Other Consideration calculated for a whole year exceed S$1,000 | 1 | na | na |
| 2003-01-04 | Tenancy/ Lease of Immovable Property | Exceeding 1 year but not exceeding 3 years | Every S$250 or part thereof of annual rent, where Average Annual Rent and Other Consideration calculated for a whole year exceed S$1,000 | 2 | na | na |
| 2003-01-04 | Tenancy/ Lease of Immovable Property | Exceeding 3 years or any indefinite term | Every S$250 or part thereof of annual rent, where Average Annual Rent and Other Consideration calculated for a whole year exceed S$1,000 | 4 | na | na |
| 2014-02-22 | Tenancy/ Lease of Immovable Property | Not exceeding 4 years | Total Rent and Other Consideration for the period of the lease, where Average Annual Rent and Other Consideration calculated for a whole year exceed S$1,000 | na | 0.4 | na |
| 2014-02-22 | Tenancy/ Lease of Immovable Property | Exceeding 4 years or for any indefinite term | 4 x Average Annual Rent and Other Consideration for the period of the lease, where Average Annual Rent and Other Consideration calculated for a whole year exceed S$1,000 | na | 0.4 | na |
| 2003-01-01 | Transfer or Gift of Shares | na | Every S$100 or part thereof of purchase price or net asset value of the share, whichever is higher | 0.2 | na | na |
| 2014-02-22 | Transfer or Gift of Shares | na | Purchase price or net asset value of the share, whichever is higher | na | 0.2 | na |
| 2017-11-03 | Sale & Purchase of Shares | na | Purchase price or net asset value of the share, whichever is higher | na | 0.2 | na |
Columns
| Column | Type | Categorical |
|---|---|---|
| From | Date (YYYY-MM-DD) | No |
| Type of Document | Text | No |
| Lease Term | Text | No |
| Duty Levied On | Text | No |
| Amount of Duty | Text | No |
| Rate of Duty | Text | Yes |
| Maximum Amount of Duty | Text | Yes |