Stamp Duty Calculator
Rental stamp duty
Lease duty on the current flat 0.4% method — not the outdated tiered one — with the AAR exemption handled.
Enter the monthly rent and lease term to see the rental / lease duty.
How lease duty works
Average annual rent (AAR) of $1,000 or less: exempt. Above that, leases up to 4 years pay 0.4% of the total rent over the lease; longer or indefinite leases pay 0.4% of four times the AAR. Use the higher of contractual or market rent, and include other consideration. Duty is rounded down to the dollar.
Landlords weighing yield on a purchase: rental return is one of the seven RPS factors — check any condo's score on the Resale Project Scorecard.
Frequently asked questions
- How much is stamp duty on a tenancy agreement?
- For leases of up to 4 years: 0.4% of the total rent over the whole lease. A 2-year lease at $4,000/month is 0.4% × $96,000 = $384. For leases longer than 4 years (or indefinite), it is 0.4% × 4 × the average annual rent. Rounded down to the nearest dollar.
- Is any tenancy exempt from stamp duty?
- Yes — if the average annual rent (AAR) is $1,000 or less, the lease is exempt. Virtually all market residential tenancies exceed this.
- Who pays the rental stamp duty, landlord or tenant?
- By market convention the tenant pays, unless the tenancy agreement says otherwise. Legally, the duty must be paid for the document to be admissible — late stamping attracts IRAS penalties.
- Is the old tiered method (0.4% year one, 0.2% year two) still correct?
- No — that method is outdated. Current IRAS treatment is a flat 0.4% on the lease as described above.
Indicative only, based on current IRAS treatment. Confirm with IRAS for non-standard leases. Not tax or legal advice.