No penalties will be imposed for errors in the Self-Assessment Stamp Duty System’s first year from Jan 1 to Dec 31, 2026, says LHDN
PUTRAJAYA: The Inland Revenue Board (LHDN) will not impose penalties during the first year of the new Self-Assessment Stamp Duty System (STSDS).
This concession applies to applications submitted from January 1 to December 31, 2026.
In a statement, LHDN said the measure aims to ease duty payers into the new regime and encourage voluntary compliance.
The penalty waiver covers errors in Stamp Duty Return Form (BNDS) submissions and inaccurate information affecting stamp duty assessment.
It also applies to offences identified under subsection 72D(2) of the Stamp Act 1949.
LHDN said the move allows time for users to familiarise themselves with electronic self-stamping.
The e-Stamp Duty System is now open for early access via the MyTax portal to facilitate testing and preparation.
Assistance is available via the HASiL Contact Centre at 03-8911 1000 or +603-8911 1000 for overseas callers.
Help can also be sought through HASiL Live Chat or a feedback form on LHDN’s official portal.
