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SSD
The adjusted SSD rates and period of coverage of the SSD are as follows:
| Date of Disposal |
SSD rates for properties acquired between 20 November 2010 and 26 October 2012 |
Proposed SSD rates for properties acquired on or after 27 October 2012 |
| Within a period 6 months |
15% |
20% |
| After a period of 6 months but within a period of 12 months |
10% |
15% |
| After a period of 12 months but within a period of 24 months |
5% |
10% |
| After a period of 24 months but within a period of 36 months |
-- |
10% |
|
Stamp Duty Rates On Sale or Transfer of Immovable Property in Hong Kong (2nd Property or Above) |
Amount or value of the consideration |
Rate |
| Exceed |
Does Not Exceed |
|
|
$2,000,000 |
1.5% |
$2,000,000 |
$2,176,470 |
$30,000＋20% of excess over $2,000,000 |
$2,176,470 |
$3,000,000 |
3% |
$3,000,000 |
$3,290,330 |
$90,000＋20% of excess over $3,000,000 |
$3,290,330 |
$4,000,000 |
4.5% |
$4,000,000 |
$4,428,580 |
$180,000＋20% of excess over $4,000,000 |
$4,428,580 |
$6,000,000 |
6% |
$6,000,000 |
$6,720,000 |
$360,000＋20% of excess over $6,000,000 |
$6,720,000 |
$20,000,000 |
7.5% |
$20,000,000 |
$21,739,130 |
$1,500,000＋20% of excess over $20,000,000 |
$21,739,130 |
|
8.5% |
|
Stamp Duty Rates On Sale or Transfer of Immovable Property in Hong Kong (1st Property) |
Amount or value of the consideration |
Rate |
| Exceed |
Does Not Exceed |
|
|
$2,000,000 |
$100 |
$2,000,000 |
$2,351,760 |
$100 + 10% of excess over $2,000,000 |
$2,351,760 |
$3,000,000 |
1.5% |
$3,000,000 |
$3,290,320 |
$45,000+10% of excess over $3,000,000 |
$3,290,320 |
$4,000,000 |
2.25% |
$4,000,000 |
$4,428,570 |
$90,000+10% of excess over $4,000,000 |
$4,428,570 |
$6,000,000 |
3% |
$6,000,000 |
$6,720,000 |
$180,000+10% of excess over $6,000,000 |
$6,720,000 |
$20,000,000 |
3.75% |
$20,000,000 |
$21,739,120 |
$750,000 + 10% of excess over $20,000,000 |
$21,739,120 |
|
4.25% |
|
| Stamp Duty Rates On Lease of Immovable Property in Hong Kong |
| Term |
Rate |
| Not defined or is uncertain |
0.25% x of the yearly or average yearly rent |
| Does not exceed 1 Year |
0.25% x of the total rent payable over the term of the lease |
| Exceeds 1 Year & Does not exceed 3 Year |
0.5% x of the yearly or average yearly rent |
| Exceeds 3 Years |
1% x of the yearly or average yearly rent |
Length of Delay |
Penalty |
| not exceeding 1 month |
double the amount of stamp duty |
| exceeding 1 month but not exceeding 2 months |
4 times the amount of stamp duty |
| in any other case |
10 times the amount of stamp duty |
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