SVDP 2026 for Stamp Duty in Malaysia
The Inland Revenue Board of Malaysia (“IRBM”) announced the implementation of the Special Voluntary Disclosure Programme (“SVDP”) for stamp duty through HASiL Media Release on 28 January 2026. The programme will run for six months, from 1 January 2026 to 30 June 2026, and applies to all instruments executed between 1 January 2023 to 31 December 2025.
The SVDP is designed as an educational measure to raise awareness and encourage voluntary compliance among stamp duty payers, in conjunction with the recent implementation of the Self-Assessment System for Stamp Duty and e-Duti Setem system via the MyTax portal, effective from 1 January 2026. It provides stamp duty payers sufficient time to understand the new procedures and encourages accurate submission of returns.
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Eligibility of SVDP
The SVDP applies to all instruments executed between 1 January 2023 and 31 December 2025 that have not yet been stamped and paid for. Applications must be submitted online via the e-Duti Setem system through the MyTax Portal. All stamp duty payers, including non-citizens, are eligible to utilise the SVDP.
The SVDP does not apply to fraudulent cases, or instruments involving deception or forgery with the intent to evade or avoid stamp duty payment.
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Penalty Exemption under the SVDP
Under Section 47A(2) of the Stamp Act, 1949, all penalties arising on instruments eligible under the SVDP are automatically exempted once the stamp duty is paid within the SVDP period. Stamp duty payers are not required to submit application nor appeal letter for the penalty exemption.
Although the penalty amount will appear on the Stamp Duty Return Form or Notice of Assessment, it will be automatically waived during the stamp duty payment process without any further action required from the payer. In addition to this, instruments stamped under the SVDP for the period 1 January 2023 to 31 December 2025 will not be audited by the IRBM.
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Late Stamping and Payment
If an instrument is not stamped within the SVDP period or if stamp duty payment is made after 30 June 2026, the penalty exemption will no longer be applicable and late payment penalties will be imposed as usual. Stamp duty audit will be conducted as usual in accordance with the Stamp Duty Audit Framework.
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Conclusion
Stamp duty payers are encouraged by the IRBM to participate in the SVDP to benefit from the penalty exemption, enhance understanding of electronic self-assessment and support long-term compliance with stamp duty obligation. The initiative is also expected to contribute to Malaysia’s fiscal sustainability and the overall well-being of the public.
For further information, please visit the official website of the Inland Revenue Board of Malaysia at
https://www.hasil.gov.my/en
KAIZEN Group, together with its associate firms in Malaysia, can help the clients to perform these compliances formalities so as to maintain the Malaysia company in good standing. Please call and talk to our professional accountants in Kaizen for further clarification.
KNOWLEDGE
