According to the IRAS website, you must stamp a document before signing it. However, if you have already signed it and stamped it within the following deadlines, NO penalty will be charged. It is punishable to use a rental contract if its stamp duty has not been collected. The authorities (and the landlord) can take action against tenants who do not pay on time or who are completely unaware of the payment. In the event of a late payment of up to 3 months, a fine of $10 or an amount equal to the amount of the right to be paid is imposed, depending on the highest amount. The stamp certificate contains several information such as the reference number of the document, the reference number of the stamp certificate, the description of the document, the address of ownership, the amount paid and the names of the parties in the document. If tenants choose to stamp their own documents, they say they can do so via the IRAS website. You can also go to these service offices to do so personally. Another example: if the lease term were 18 months instead of 24 months, the stamp duty payable would be $216, as shown below.
If you are a landlord and would like to confirm whether your tenant has paid stamp duty, received the document reference number and the stamp certificate, just check in online with the IRAS. It is punishable to use a document for which stamp duty has not been collected. Once you have insured that your rent is legal in Singapore, you have 10-14 days from the start of the rental to pay stamp duty. We have raised some of the most important issues about the rent tax. We hope you find this useful. Stamp duty circumvention is a serious offence in Singapore.In most ATTs are the responsibility of the tenant. The TA is the only contractual document given to tenants for their right to remain in this premise and also gives the landlord the right to dissue the contract with the expiry clause (z.B.B if the tenants have not paid the rent at the hourly limit). Hello Xoo, you are right 😀 stamp duty also applies to room rentals.