Therefore, for a lease of one year or less, the total amount to be paid (stamp duty and administrative fees): (RM82 + RM150) = RM232. It is possible to rise to this amount if we consider that it is RM1100 monthly. The agreement + stamp duty totals about RM319, adds other fees to pay like OHS, attorney fees and if you need additional copies of about RM10 per copy. If you want to know how this figure was obtained, you can find out more here: Normally there are two copies of the rental agreement, one copy for the owners and another for the tenants. Both copies must be stamped by LHDN before moving to a new property. The Malaysia Inland Revenue Authority, also known as “Lembaga Hasil Dalam Negeri Malaysia”, LHDN Malaysia, is where you pay your stamp tax and where you can have your leases stamped. It is also possible to take everything online. You can sign the lease online via Speedmanage, a web solution from SPEEDHOME. To calculate the amount you need to pay for the stamp of your rental agreement, enter your monthly rental and rental period in the computer below. Attorney`s fees for a rental agreement longer than 3 years: Does the landlord or tenant have to pay the attorney`s fees for the home rental agreement? Who will pay? A rental agreement is a printed document that complies with all the conditions agreed by the tenants and landlords before the tenant moves in. Are you thinking about sharing where you rent a room? KL Center? my unit in Bukit Jalil (new high-end apartment) only Rm1600-1700.
As of January 1, 2018, rental income generated in Malaysia will be valued at a progressive rate of 0% to 30%. Rental income is calculated on a net basis, which means that the final amount of rental income is deducted after deduction of expenses incurred. . . .