Why Pay More Now?

Are you aware of our latest Real Property Gain Tax (RPGT rate on 2019) and Stamp Duty charged on property name transfer?
How much you will need to pay for both RPGT and Stamp Duty whenever you want to transfer property to your loved one during the lifetime?

Let's take a look at the RPGT rate table below:

Year	Individual Citizen	Individual Non-Citizen	Companies
Up to 3 Years	30%	30%	30%
Up to 4 Years	20%	30%	20%
Up to 5 Years	15%	30%	15%
Above 5 Years	5%	10%	10%

There will be no RPGT payable for inheritance via Will or Distribution Act 1958/Intestate Succession Ordinance 1960 or Faraid because it is treated as if there is no sale, no gain.

2019 STAMP DUTY SCALE (From 1st July 2019)

Stamp duty Fee 1% : For First RM100,000

Stamp duty Fee 2% : RM100,001 To RM500,000

Stamp duty Fee 3% : RM500,001 and RM1,000,000

Stamp duty Fee 4% : >RM1,000,000

For properties transfer during the lifetime, there are only certain situations can enjoy exemption of Stamp Duty, as the table below:

Transferor	Transferee	Exemption Rate
Husband	Wife	100%
Wife	Husband	100%
Mother and/or father	Child	50%
Child	Mother and/or father	50%

Although transfer between husband and wife during the lifetime has no Stamp Duty been charged, BUT, do not forget that you still have to bear the legal fee and the hassle to do so.

The Stamp Duty for inheritance via Will or Distribution Act 1958/Intestate Succession Ordinance 1960 or Faraid is only at nominal value of RM10.00 per transfer.

OK. Now, I know you might be complaining about writing a Will will cost you $$ too.

Well, even writing a Very Super Extremely Will cost only a few thousand.

Do compare this Will-writing fee with the Stamp Duty and RPGT, which fee you are more willing to pay?

Stop hesitating, just CONTACT ME NOW: 016-6825195

Source:
1. Malaysia RPGT & Stamp Duty 2019
2. Love & Affection Property Transfer
3. How to Calculate Stamp Duty in 2019?