Step 1: Calculate your total of annual rental
(e.g.: RM2,200 per month x 12 months = RM26,400)
Step 2: Calculate your taxable rental
The first RM2,400 of your annual rental is exempted for stamp duty. So, you will minus RM2,400 from your annual rental.
(e.g.: RM26,400 – RM2,400 = RM24,000)
Step 3: For every RM250 or part thereof, different rates will apply depending on tenancy period:-
| Rental | Tenancy Period (< 1 year) |
Tenancy Period (> 1 year or < 3 years) |
Tenancy Period (> 3 years) |
| First RM 2,400 | Exempted | Exempted | Exempted |
| Every RM 250 or part thereof in excess of RM2,400 | RM 1.00 | RM 2.00 | RM 4.00 |
Continue from the example above,
If your tenancy period = 1 year
Payable Stamp Duty = (RM24,000 / RM250) x RM1
= 96 x RM1
= RM96
If your tenancy Period = 2 years
Payable Stamp Duty = (RM24,000 / RM250) x RM2
= 96 x RM2
= RM192
If your tenancy Period = 3 years
Payable Stamp Duty = (RM24,000 / RM250) x RM4
= 96 x RM4
= RM384
Step 4: For second copy of tenancy agreement, the stamping cost is RM10.
Total Cost = Stamp Duty + RM 10 Stamping for 2nd copy
