what are the taxes and fees for buying a house?

1. New houses

New houses mainly need to pay taxes and fees such as deed tax, house maintenance fund, one-year property fee and heating fee. Second-hand houses have different taxes and fees because of the different length of time to get real estate licenses.

2. Second-hand houses

Taxes payable for buying and selling second-hand houses include deed tax, stamp duty, transaction fee, value-added tax, personal income tax, land and house change registration fee and production cost. There will be some differences in local policies, and the length of real estate license is different, and the taxes and fees are different.

(1) Houses with real estate license less than 2 years: mainly taxes and fees such as deed tax, value-added tax, individual tax, loan guarantee fee and agency fee.

(2) Houses with real estate license for 2 years: mainly taxes and fees such as deed tax, individual tax, loan guarantee fee and agency fee.

(3) Only house with five years: mainly taxes and fees such as deed tax, loan guarantee fee and agency fee.

How to calculate the taxes and fees for buying a house

Here are only a few major taxes and fees mainly involved in the process of buying a house. Besides, there will be transaction fees, production costs ... stamp duty and education surcharges involved in some cities, but these expenses will not account for a high proportion.

1. Deed tax

If an individual purchases an ordinary house of 91 square meters or less, and the house belongs to the only family house, the deed tax will be levied at a reduced rate of 1%. A purchase of less than 91 square meters at a time is levied at the tax rate of 1%, 1.5% for 91-141 square meters and 3% for more than 141 square meters; The second house purchase is 3%, regardless of area:

The first suite: the area is ≤91 square meters, and the deed tax rate is 1%; Area > 91 flat, deed tax rate is 1.5%.

second suite: the area is ≤91 square meters, and the deed tax rate is 1%; Area > 91 flat, deed tax rate is 2%.

note: in Beijing, Shanghai, Guangzhou and Shenzhen, the purchase of ordinary houses enjoys the above-mentioned deed tax policy for the first suite, while the purchase of second suites, non-residential houses and non-ordinary houses is subject to the deed tax rate of 3%.

2. Value-added tax

stipulates

(1) If an individual sells a house that has been purchased for less than 2 years, he shall pay the value-added tax in full at the rate of 5%; Individuals who purchase houses for more than 2 years (including 2 years) for external sales shall be exempted from VAT. (Not applicable to Beijing, Shanghai, Shenzhen and Guangzhou)

Here, everyone should pay attention: the purchase time is determined by the time indicated on the obtained house property certificate and the time indicated on the deed tax payment certificate, whichever comes first.

(2) individuals selling self-built houses for their own use are exempt from value-added tax.

(3) Individual divorce property division is exempt from value-added tax.

(4) individuals who donate real estate to their spouses, parents, children, grandparents, grandparents, grandchildren, brothers and sisters are exempt from VAT.

(5) individuals who donate real estate to their dependents or supporters who bear the obligation of direct support or maintenance are exempt from value-added tax.

(6) If the owner of the house dies and the legal heir, testator or legatee obtains the property right of the house according to law, the value-added tax shall be exempted.

Collection rate-5%

Calculation method-VAT payable = (transfer income-original value of house purchase) ×5%

3. Personal income tax

Individuals need to pay personal income tax when selling houses. The tax rate is 1% in taxable value or 21% of the difference between the original purchase price and the current selling price of the house.

the only house over five years old can be exempted from tax. That is to say, to be exempt from tax, it is necessary to meet two conditions at the same time: the immovable property certificate has been completed for 5 years and it is the only property of the seller.

when to pay the taxes and fees for buying a house

1. Buying a new house

Generally, when we go to apply for the real estate license, we will examine and approve the deed tax, in the order of buying a house, paying the down payment, handling the loan, approving the loan, passing the examination and approval, and going in to hand over the house. After the loan is approved, the developer will call you to pay the house. At this time, you need to approve the deed tax and start paying the house. At this time, you will usually be given the key and it will be completed within one month. The time is not very urgent.

2. Paying taxes on buying second-hand houses

Before the buyers and sellers go to the Housing Authority for transfer, there is a process of paying taxes by auditing. This process is divided into different regions. Some housing authorities do it separately from the transfer, while others do it together. This is why there are two numbers: the reservation tax number and the transfer number. But basically, in order to improve work efficiency, the Housing Authority will handle the transfer after paying taxes! So the tax payment is made before the transfer!