RPGT

Introduction to the CKHT Self-Assessment System (CKHT STS)

Disposal starting from 01 January 2025, STS CKHT was introduced and ACKHT 1976 was amended through the Finance Act (No. 2) 2023.
The category of taxpayers involved are all taxpayers who acquire or dispose of assets subject to the ACKHT 1976.
In accordance with the implementation of the STS RPGT, taxpayers are required to:
1. submit the RPGT Return Form within 60 days from the date of disposal;
2. determine the taxable profit and calculate the tax charged in the submitted RPHT Return Form;
3. make payments within the specified period;
  1. Acquirer: Payment of Section 21B of the ACKHT 1976 within 60 days from the date of acquisition;
  2. Disposal: Tax payment or tax balance due within 90 days from the date of disposal
4. Keep relevant documents for 7 years.
No assessment notice will be issued because the RPHT Return Form submitted to the DGIR is considered an assessment notice.