Inland Revenue Board extends stamp duty voluntary disclosure programme by six months to December 2026 to boost compliance.
PUTRAJAYA: The Inland Revenue Board (IRB) has extended the implementation period of the 2026 Stamp Duty Special Voluntary Disclosure Programme (PKPS) by six months, from July 1 until Dec 31, 2026.
In a statement today, IRB said the extension is intended to encourage voluntary compliance in stamp duty declarations while providing additional time for duty payers to adapt to the implementation of the Stamp Duty Self-Assessment System (STSDS).
The agency said the initiative is also expected to reduce non-compliance under the Stamp Act 1949 and further strengthen overall compliance levels.
“Duty payers are advised to ensure that stamping and payment of stamp duty are completed within the extended PKPS Stamp Duty 2026 period.
“Under the programme, all instruments executed between Jan 1, 2023 and Dec 31, 2025, are eligible for exemption from penalties based on the powers granted to the Stamp Duty Collector under Subsection 47A(2) of the Stamp Act 1949,” the statement said.
The IRB explained that stamping applications and stamp duty payments must be completed between Jan 1 and Dec 31, 2026. No separate appeal for penalty remission is required, as penalties will be automatically waived once the stamp duty payment is made.
However, the agency stressed that the 2026 Stamp Duty PKPS does not apply to cases involving fraud.
It also said instruments executed between Jan 1, 2023 and Dec 31, 2025 and declared under the 2026 Stamp Duty PKPS will not be subject to audit.
“However, participation in the programme does not exempt duty payers from audits involving other instruments that are not declared under the 2026 Stamp Duty PKPS,” the statement added.
The IRB encouraged duty payers to submit stamping applications and make payments early to ensure notices of assessment can be issued and all payments completed within the programme period.
For further enquiries, members of the public may contact the Hasil Contact Centre (HCC) at 03-8911 1000 or 603-8911 1000 (from abroad), use HASiL Live Chat, or submit feedback through the IRB’s official portal.
