Q.What constitute ‘material change’ under Town and Country Planning Act, 1976? A.Similar question was also posted in ‘material change’ here. This is a tricky question as ‘material change’ is very Read More …
Category: 1.4 Taxation
Development Charge KL
PELAKSANAAN CAJ PEMBANGUNAN DI DEWAN BANDARAYA KUALA LUMPUR. 1.0 PENDAHULUAN Tujuan caj pembangunan adalah untuk menampung peruntukan menyediakan dan mempertingkatkan kos infrastruktur dan kemudahan pada kawasan tersebut akibat daripada kelulusan Read More …
2019 Q Analysis D04 Property Taxation
Managing properties of the deceased
Below article is verbatim from Property Insight here. People gain assets and properties throughout their lives and leave them all behind as they pass on. This has always been the Read More …
Premium payable for lease extension
Q. How to calculate the premium on renewal of lease? A. There are two types of premium on lease. Premium on conversion of category of land use during alienation or Read More …
Advance Duty
Q. There is initial duty and additional duty. What is ‘advance duty’? A. The issue of initial duty and additional duty came about because private valuer come out with different Read More …
Stamp Duty in Malaysia – A quick look
Q.Can you provide a simple summary of stamp duty chargeable in Malaysia? A.In Malaysia, Stamp duty is a tax levied on a variety of written instruments specifies in the First Read More …
Rental method of rating valuation
Q. What is rental method of rating valuation and when should it be used? A. Go here to read the article from its original site. This is verbatim from the original Read More …
Managing property of the deceased
Q. How to transfer property of a person who recently passed on? A. I recently come across this issue with my auntie, who suffered a stroke during an operation. She Read More …
What do you mean by ‘DISITA’?
Q. When a holding has arrears unpaid, the local government can pursue legal action to siege the holding. Explain the law involved in this process. What is From H? A. Read More …
Stamp Duty for Rental
Q. If I have a property rental per month of RM1,600 and the tenancy agreement is for a period of 24 months, how much stamping fee would it be? (Assuming Read More …
How to calculate Development Charge?
Q. How is development charge calculated based on the Development Charge Rules under Town and Country Planning Act, 1976? A. 2015 D04 Tax had two questions on calculation of Development Read More …
Format to calculate RPGT
Q.I always get confused with the calculation of Acquisition Price of real property gains tax, do you have an easy to remember format? A.A good format is by SM Thanneermalai Read More …
RPGT calculation – Daud
Q. (b) Daud bought a double storey terraced house on 20th August 2011 for RM400,000. One month later, the car porch leaned and Daud succeeded in recovering RM10,000 by way Read More …
D04 Summarized Provisions
Town & Country Planning Act 1976 – Planning Control
Q. What is the effect of Town and Country Planning Act, 1976 on property owner like you? A. Town and Country Planning Act, 1976 (hereafter TCPA) has more impact on Read More …
RPGT in sub-divided property Adi Putra
Q. b) Adi Putra purchased a parcel of agricultural land encompassing an area of one (1) acre on 1 Jun, 2009 at RM100,000. He submitted an application for conversion to Read More …
50% Exemption on Intrument of Transfer & Loan Agreement
Q.If Abu is buying a house first time today (08.07.2015), and his purchase price is RM500,000, he is to take maximum loan available to him. What would be the stamp Read More …
RPGT Updates 2015
Q. Briefly outline recent changes to Real Property Gains Tax 2015 according to Budget 2015. A. For sample of calculation go here. Ref: Wong & Partners, Client Alert – Budget Read More …
Fixtures versus chattel
Q.In real property law, differentiate fixtures from chattel. A.Chattel property is converted into a fixture by the process of attachment. For example, if a piece of lumber sits in a lumber Read More …