Monday, April 6, 2015

CCK & Tenancy Agreement Stamp Duty

Morning walk & Jogged x 3, breakfast at home with Jying & Xjie. JQ not felth well so skip shool ...9:30am fetched JYing to school for her marching practice before the competition....

Hypp - Yahoo celebraties news....

Continued IDE Hdd testing....backup old data to Sata Hdd....

Last Miss calls replied by sms/whatapp....

Lunch ta pao....for kids at home,...

Kg Attap's Income tax/stamping shifted to Wisma Olympia quit some time, existing building upgrading to higher floors....then to PGRM....AhMeng called delay the CCK appointment to 4pm instead 3pm....

PGRM tenancy agreement stamping form need to fill in 2 copies(PDS.49(A) & PDS1) instead of 1 copy last time...

Tenancy Agreement Stamp Duty Calculations:-
Step 1: Calculate the total of annual rental (e.g.: RM1,700 per month x 12 months = RM20,400)
Step 2: Calculate the taxable rental. The first RM2,400 of your annual rental is entitled for stamp duty exemption (e.g.: RM20,400 – RM2,400 = RM18,000)
Step 3: For every RM250 or part thereof in excess of RM2,400, different rates will be applied to calculate the payable Stamp Duty according to tenancy period as following:-
  • RM1 will be charged for tenancy period 1 year or less;
  • RM2 will be charged for tenancy period more than 1 year but equal to 3 years or less than 3 years;
  • RM4 will be charged for tenancy period exceeding 3 years or more.
RentalTenancy Period 
(= or < 1 year)
Tenancy Period
(> 1 year, = or < 3 years)
Tenancy Period 
(> 3 years)
First RM 2,400ExemptedExemptedExempted
Every RM 250 or part thereof in excess of RM2,400RM 1.00RM 2.00RM 4.00
Example 1: Tenancy Period = 1 year
Payable Stamp Duty,
= (RM18,000 / RM250)* x RM1
= 72 x RM1
= RM72
Example 2: Tenancy Period = 2 years
Payable Stamp Duty,
= (RM18,000 / RM250)* x RM2
= 72 x RM2
= RM144
Example 3: Tenancy Period 5 years
Payable Stamp Duty,
= (RM18,000 / RM250)* x RM4
= 72 x RM4
= RM288
*round-up figure
Step 4: For second copy of tenancy agreement, the stamping cost is RM10.
Total Cost Involved (for tenancy period of 1 year, DIY tenancy agreement),
= Stamp Duty + Stamping for 2nd Copy + Disbursement
= RM72 + RM10 + RM118
= RM200


CCK
- AhMeng's worker now staying the opposite (Belfield condo) walkup apartment bigger & cheaper most important is entry/exit convinience compare with CCK....
- Condition not good, ceiling and other places have termite trail....
- Return a new pack lock with 3keys & 1 x car access card
- Bedroom1&2 sinking missing....
- Drinking at mamak stall opposite CCK, share about personal family and etc.....Qing Ming....

Takaful - Qsold $13.58....

Office propwall updating....when going back car block by a Nissa Navara.....

Late dinner cook by SLL.....after dinner, round table study.....only jun & jie joint, Jq went out for her project binding...at 9:30pm jie,ying & Qian watched their series TV program...

Ironing cloths & washing the dishes/SLL......

Shared School clerk treatment experienced with/without supplying Amway products by 2 payments.....

NTV7-News....

HyppTV....
- to watched NTV7 news & others programs...more clear compare to old way....



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