The Inland Revenue Board of Malaysia(LHDN) has officially launched a Special Voluntary Disclosure Programme for stamp duties, offering taxpayers a full waiver on penalties for overdue stamp duty payments. The initiative follows the Prime Minister Anwar Ibrahim’s 2026 New Year mandate and is aimed at encouraging voluntary compliance.
The programme is already in force and will run for six months, from January 1 to June 30.
Programme Covers Unstamped Documents From 2023 To 2025
The voluntary disclosure programme applies to documents, also referred to as instruments, that were signed or executed between January 1, 2023 and December 31, 2025, but have not yet been stamped.
Taxpayers who fall within this scope can regularise their stamp duty obligations during the programme period without incurring any penalties, provided the case does not involve fraud.
Penalty Waiver Applied Automatically During Payment
According to LHDN, taxpayers are not required to submit appeal letters or make separate applications to qualify for the penalty waiver. While penalties may still appear on the stamp duty return form or notice of assessment, they are automatically waived during the payment process.
Documents settled under this programme will not be subject to future audit by LHDN.
Applications Must Be Submitted Online
LHDN said all applications must be submitted through the e-Stamp Duty system, as manual submissions are not accepted. The programme applies to all stamp duty payers, including non-citizens.
Taxpayers are advised to submit applications and complete payment early to ensure the notice of assessment can be issued and payment completed within the programme period.
Programme Continues Earlier Voluntary Disclosure Measures
The stamp duty voluntary disclosure programme follows the conclusion of the previous Special Voluntary Disclosure Programme, known as SVDP 2.0, which ran from June 2023 to May 2024.
With the programme scheduled to end on June 30, both assessment and payment must be completed within the designated period to qualify for the penalty waiver.
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