Asked by Anonymous
what's the tax for renting out a room ?
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2 Answers
Hi,
For renting a room, typically the tax you are referring to should be "E-stamping" taxes, and this is borne by the tenant. You would find it in the Room Rental agreement. Thank you :)
If you have any other questions, feel free to call me at 93658888 . Thank you! Read More
For renting a room, typically the tax you are referring to should be "E-stamping" taxes, and this is borne by the tenant. You would find it in the Room Rental agreement. Thank you :)
If you have any other questions, feel free to call me at 93658888 . Thank you! Read More
Hi,
Tenancy Stamp Duty in Singapore for room rental is the same rate as a whole unit rental which is 0.40%
The rate applies for both HDB and private property.
For example, if your tenancy will start today 29 November for a minimum of 6 months required for HDB flats, until 29 May 2019. And your monthly rental fee is $350, your stamp duty amount is $8.
You can use IRAS calculator: https://mytax.iras.gov.sg/ESVWeb/default.aspx?target=MSDLeaseTenancy
Hope this helps!
Cheers!
www.ohmyhome.com Read More
Tenancy Stamp Duty in Singapore for room rental is the same rate as a whole unit rental which is 0.40%
The rate applies for both HDB and private property.
For example, if your tenancy will start today 29 November for a minimum of 6 months required for HDB flats, until 29 May 2019. And your monthly rental fee is $350, your stamp duty amount is $8.
You can use IRAS calculator: https://mytax.iras.gov.sg/ESVWeb/default.aspx?target=MSDLeaseTenancy
Hope this helps!
Cheers!
www.ohmyhome.com Read More