The Inland Revenue Board of Malaysia (MIRB) has announced an extension of the Special Voluntary Disclosure Programme (SVDP) for Stamp Duty, with the implementation period now extended until the end of the year.
Extension Details
Extended period: 1 July 2026 – 31 December 2026 (6 months).
Scope
Eligible documents: Documents executed between 1 January 2023 and 31 December 2025.
Key Conditions
- Stamp duty assessment and payment must be completed within the period from 1 January 2026 to 31 December 2026
- Upon payment of stamp duty, penalties will be automatically waived (no application required)
- The programme is not applicable to cases involving fraud
- Documents duly stamped under this programme will not be subject to audit. However, documents outside the programme may still be subject to audit
Recommended Actions
If you have not yet conducted a review of past stamp duty compliance for documents such as the following, we recommend utilizing the SVDP:
- Commercial agreements (e.g., service agreements, master agreements)
- Loan agreements and guarantee agreements
- Lease agreements
Please note that the tax authority is currently experiencing delays in e-Stamping processing and issuance of assessment notices. Therefore, early action is strongly recommended.