If I do not stamp, stamp late or stamp insufficiently
Stamping Requirements
You are required to stamp documents within:-
- 14 days from the date of execution if the document was signed in Singapore;
- 30 days of its receipt in Singapore if the document was signed overseas.
Examples of when you are required to stamp your document:
- The document was signed in Singapore on 1 February 2010. You must stamp your document by 15 February 2010. Stamping done on or after 16 February 2010 is considered late.
- The document was signed overseas on 1 February 2010 and was first received in Singapore on 10 June 2010. You are required to stamp your document by 10 July 2010. Stamping done on or after 11 July 2010 is considered late.
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If I do not stamp, stamp late or stamp insufficiently
A penalty of up to four times may be imposed if documents are found not stamped, stamped late or insufficiently stamped during audit.
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Voluntarily disclose an error to qualify for reduced penalties
If you come forward voluntarily to fully disclose an earlier omission or underpayment, IRAS is prepared to accord a reduced penalty of 5% per annum calculated on a daily basis on the stamp duty payable. The voluntary disclosure must be made before IRAS starts any audit.
The reduced penalty is also subject to the following:
- A minimum penalty of $10 is imposed on a document that is stamped within 3 months from the due date;
- A minimum penalty of $25 is imposed on a document that is stamped after 3 months from the due date.
A voluntary disclosure can be made by stamping the document via the e-Stamping system, at any of the SingPost service bureau at Novena (Revenue House branch), Change Alley branch, or Robinson Road branch. e-Stamping is also available at the Surf Centre at Revenue House.
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Paying your Stamp Duties and Penalties
You can pay stamp duties, penalties and any other charges using one of the following modes:
- For registered users :
- For non-registered users :
- By eNETS if you e-stamp at home or anywhere with internet access. For payment by eNETS, you need an existing internet banking account with DBS/POSB, OCBC, UOB or Citibank.
- By NET / eNETS if you e-stamp using our e-terminals at IRAS Taxpayer Service Centre.
- By NETS / cheque / cashier’s order / cash at any of the three service bureaus operated by SingPost at Novena, Change Alley and Robinson Road. If you are paying by cheque or cashier’s order, payment must be made to “Commissioner of Stamp Duties”.
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