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Malaysia issued its first general duty revenue stamps in 1975, inscribed Hasil Malaysia (Revenue Malaysia) and depicting the country's coat of arms. Three values of $25, $100 and $250 were issued. In 1982, the coat of arms was changed slightly so the set was reissued with the new version. This time $500 and $1000 values were added.
The first Customs Day celebration was inaugurated by the Honourable Minister of Finance on the compound of the Royal Customs and Excise Malaysia Training College (now Royal Malaysian Customs Academy). 1987 saw Langkawi declared detached from the Main Customs Area and made the second free port in Malaysia after Labuan.
It was introduced by the Howard Government on 1 July 2000, replacing the previous federal wholesale sales tax system and designed to phase out the various state and territory taxes such as banking taxes, stamp duty and land value tax. While this was the stated intent at the time, the States still charge duty on a various transactions, including ...
The Budget in 2017 abolished stamp duty for first-time home buyers in England and Wales purchasing homes up to £300,000, saving first-time buyers up to £5,000. Additionally, first-time buyers spending up to £500,000 will only pay stamp duty at 5% on the amount in excess of £300,000. Those spending over £500,000 will pay full stamp duty. [17]
8 June: Malaysia-Thailand Joint Issue (Marine Creatures) 25 June: Herons & Bitterns; 29 July: Pearls; 8 August: Joint Stamp Issue of ASEAN Community; 27 August: Mosques in Malaysia; 8 September: Panda Postal Card; 15 September: MALAYSIA #sehatisejiwa; 9 October: World Post Day; 27 October: Stamp & Philatelic Club - Stamp Week 2015
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A separate Board of Stamps was created by the Stamps Act 1694.During the 18th and early 19th centuries at various times (as financial strains on the economy demanded, and Parliament allowed) stamp duties were extended above a certain threshold of sale value to cover newspapers, pamphlets, lottery tickets, apprentices' indentures, advertisements, playing cards, dice, hats, gloves, patent ...
The first commemorative stamps of Malaysia were issued on September 16, 1963, to celebrate the creation of the federation, showing a map of the nation. On 31 August 1982, Malaysia issued its first miniature sheet to commemorate its 25th anniversary as an independent nation. The sheet was much used on first day covers and as a result sold out early.