# Announcement of State Taxation Administration of The People's Republic of China on Issuing the Interim Measures for the Administration of the Collection of Value-added Tax for Taxpayers Providing Real Estate Business Leasing Services (Article 4 of Article 20 16): If other individuals rent real estate (excluding houses), the tax payable shall be calculated at the rate of 5% and the tax shall be declared to the local competent tax authorities where the real estate is located. Other individuals renting houses shall calculate the tax payable according to the tax rate of 5% minus 1.5%, and report and pay taxes to the local competent tax authorities where the real estate is located.
Taxable amount = sales including tax ÷( 1+5%)× 1.5%.
People's Republic of China (PRC) State Taxation Administration of The People's Republic of China Announcement No.4 (20 19) "Announcement on Issues Concerning the Exemption of Small-scale Taxpayers from VAT Collection and Management" raised the tax exemption standard to 654.38+10,000 yuan, that is, individuals renting houses with monthly rent below 654.38+10,000 yuan were exempted from VAT.
# 1. VAT
Collection rate: 5% minus 1.5%, that is 1.5%.
Tax exemption conditions: the monthly rental income of less than 30,000 yuan is exempt from value-added tax, and the full amount of more than 30,000 yuan is levied at 1.5%.
2. VAT surtax
Tax rate:
Urban maintenance and construction tax: 5%
Education surcharge: 3%
Local education surcharge: 2%
Tax Exemption Condition: If the first VAT is 0, this item is also 0.
3. Property tax
Collection rate: if an individual rents a house for residence, the rental income 12% minus 4%, that is, 4% will be paid.
There are no other tax breaks.
4. Personal income tax
Collection rate:
Approved prepayment method, taxable income × 3%;
Audit method, taxable income × 10% (discount is halved, original tax rate of property lease is 20%)
5.stamp duty
Tax rate: one thousandth of the lease contract.
Tax exemption conditions: in order to reduce the burden of individual housing, the taxable vouchers concluded for the transfer and lease of housing are exempt from the stamp duty payable by individuals.
6. Urban land use tax
Tax rate:
1. big city 1.5 transfer to 30 yuan;
2. Medium-sized cities 1.2 to 24 yuan;
3. Small cities 0.9 to 18 yuan;
4. 0.6 yuan to 12 yuan, county town, town and industrial and mining area.
Tax basis: actually occupied land area (m2)
Tax exemption conditions: individual-owned residential houses and courtyard land can be tax-free, which is specifically formulated by local tax authorities and generally tax-free.
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