{"id":372,"date":"2018-02-20T15:04:45","date_gmt":"2018-02-20T07:04:45","guid":{"rendered":"http:\/\/ehluar.com\/main\/?p=372"},"modified":"2018-03-01T13:17:07","modified_gmt":"2018-03-01T05:17:07","slug":"stamp-duty-buyers-stamp-duty-on-residential-and-non-residential-properties","status":"publish","type":"post","link":"http:\/\/ehluar.com\/main\/2018\/02\/20\/stamp-duty-buyers-stamp-duty-on-residential-and-non-residential-properties\/","title":{"rendered":"Stamp Duty: Buyer\u2019s Stamp Duty on Residential and Non-Residential Properties"},"content":{"rendered":"<p>The Finance Minister in his Budget Statement 2018 has announced changes to the tax rate for buyers stamp duty for acquisitions of residential properties in Singapore.<\/p>\n<p>The buyer&#8217;s stamp duty (BSD) is payable on the acquisition of immovable properties, based on the higher of the consideration or market value. BSD is also applicable to lease-related instruments1 where there is a premium.<\/p>\n<p>Prior to 20 Feb 2018, the same BSD rates applied to both residential and non-residential properties.<\/p>\n<p>With effect from 20 Feb 2018, the BSD rates would be differentiated between residential and non-residential properties, and the top marginal BSD rate for residential properties is creased from 3% to 4% and applied on the value of residential property in excess of S$1 million.<\/p>\n<p class=\"hP\">IRAS has published issued a new e-Tax Guide, <i>Stamp Duty: Buyer\u2019s Stamp Duty on Residential and non-Residential Properties<\/i> which covers the changes on 19 February 2018.<\/p>\n<p class=\"hP\">Source: <i>IRAS<\/i>, 20 February 2018<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Finance Minister in his Budget Statement 2018 has announced changes to the tax rate for buyers stamp duty for acquisitions of residential properties in Singapore. The buyer&#8217;s stamp duty (BSD) is payable on the acquisition of immovable properties, based on the higher of the consideration or market value. BSD is also applicable to lease-related [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[11],"tags":[],"class_list":["post-372","post","type-post","status-publish","format-standard","hentry","category-property-tax"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/372","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/comments?post=372"}],"version-history":[{"count":1,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/372\/revisions"}],"predecessor-version":[{"id":373,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/posts\/372\/revisions\/373"}],"wp:attachment":[{"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/media?parent=372"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/categories?post=372"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/ehluar.com\/main\/wp-json\/wp\/v2\/tags?post=372"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}