You are required to pay stamp duty on documents executed in relation to a lease. Stamp duty on lease documents with variable/unknown rental will be computed on the gross rent or open market rent, whichever is the higher amount. For more information, please refer to the e-Tax guides on Stamping of Lease with Variable Rent / Acceptance to Letter of Offer (68KB).
Acceptance to the Letter of Offer to Lease, Agreement for Lease, Lease, Tenancy Agreement and Variation to Lease are some examples of documents that are liable to stamp duty.
Lease renewal or extension is a fresh lease. Hence, full duty rates will apply for the lease renewal or extension.
Stamp duty rates and computation
Person liable to pay stamp duty
Stamping existing lease with revised terms (e.g. additional or reduction of rental)
Types of documents not considered a lease (e.g. Licence)