This MWKA Online Talk was delivered on 17 August 2020 by Ms Sarah Kambali, Mr Marcus Leong and moderated by Ms Phui Kar Ling. Please visit https://mahwengkwai.com/talks-signup/ to register for upcoming talks.
On 28 July 2020, the Gazettes for the PENJANA Short-Term Economic Recovery Plan (ERP) on Home Ownership Campaign (“HOC”) and Real Property Gains Tax (“RPGT”) were issued by the Government. The Gazettes have stated the terms and conditions, as well as the mechanics of the HOC and RPGT reliefs.
Introduction of the Gazettes issued.
Real Property Gains Tax (“RPGT”) relief for residential sellers.
Home Ownership Campaign (“HOC”) – its re-introduction and mechanics for stamp duty of transfer and loan.
Speakers: Sarah Kambali (Partner) & Marcus Leong (Associate)
Moderator: Phui Kar Ling (Pupil in Chambers)
A copy of the talk slides in PDF format is available for download here.