Heavy burst! Shenzhen property market to change! The cancellation of luxury tax for houses with an area of less than 144 m2 can save hundreds of thousands! Is it cheaper to buy a house? How big is the impact?
Shenzhen property market has a big policy. It has just raised the 'luxury line', and it will be cheaper to buy a house in Shenzhen in the future.
Shenzhen luxury tax new standard released
Luxury house tax can be saved if the construction area of a single set is less than 144 m2
According to the interface news report, the collection standard of 'luxury house tax' in Shenzhen has changed significantly.
The staff of Shenzhen Taxation Bureau confirmed that from November 11, 2019, the standard of ordinary residence will no longer have price provisions. Houses with a floor area ratio of more than 1.0 and a single building area of less than 144 m2 are ordinary houses. This means that second-hand houses for two years may be exempted from value-added tax.
Is it possible to remedy what was handed in before today?
How to implement it? What is the impact on the people who are trading second-hand houses? Has anyone who has just paid the 'luxury tax' taken remedial measures?
The following is the official news of Shenzhen Taxation Bureau:
1. If you have paid the second-hand house 'luxury tax', even the day before the policy is issued, there will be no remedial measures. If you pay it, you will pay it;
2. If your second-hand house transaction has not yet reached the step of paying 'luxury house tax', today's new deal applies.
What is Shenzhen luxury tax?
Generally speaking, when we hear about luxury houses, we generally think that they are large-area, high unit price, luxurious internal facilities and superior living environment, which can be purchased by the rich and noble class.
But in Shenzhen, there are other standards.
In 2015, Shenzhen ordinary housing standard was issued, which stipulates that houses with a total price of more than 4.9 million in Nanshan, 4.7 million in Futian and 3.9 million in Luohu belong to luxury houses, which need to pay taxes according to the standard of luxury houses.
Original luxury tax collection standard: the total price of each set in Luohu District is 3.9 million yuan or more; The total price of each set in Futian district is 4.7 million yuan or more; The total price of each set in Nanshan District is 4.9 million yuan or more; The total price of each set in Yantian District is 3.3 million yuan or more; The total price of each set in Bao'an District is 3.6 million yuan or more; The total price of each set in Longhua new area is 3.2 million yuan or more; The total price of each set in Longgang District is 2.8 million yuan or more; The total price of each set in Guangming New Area is 2.5 million yuan or more; The total price of each set in Pingshan new area is 2 million yuan or more; The total price of each set in Dapeng new area is 2.3 million yuan and above. Any second-hand house that meets the above conditions will be treated as a luxury house, and a luxury house tax of 5.6% will be paid.
With the rise of house prices in Shenzhen, the luxury line has long been inconsistent with the current situation.
On December 22, 2018, at the first general legal forum of top 100 real estate enterprises, Wang Feng, director of Shenzhen real estate research center, revealed that next, the Shenzhen government also takes care of the just need for house purchase by adjusting the 'luxury house tax'.
Wang Feng said, "the next adjustment in Shenzhen is to consider the real rigid demand. We should determine the standard of ordinary housing and give people de facto tax cuts, so that people can really reduce the purchase cost."
How much can you save?
Take Nanshan as an example: the previous 120 square meter house with a market price of 10 million and an original price of 3 million. According to the previous value-added tax of Nanshan higher than 4.9 million for two years, the value-added tax should be about 370000. According to the new value-added tax of less than 144 square meters for two years, 370000 value-added tax can be exempted.
According to netizens, the tax bill this morning has been implemented according to the new regulations:
This is a house in Longgang central city, with a construction area of 124.23 m2. It is an ordinary house. The original registered price was 924900 and the transaction price was 4135000. This house is' five only 'and can be exempted from individual income tax. According to the old policy, houses with a total price of more than 2.8 million in Longgang are luxury houses, which need to pay more than 190000 luxury tax.
According to the latest tax collection standards, there are 4 items of provincial value-added tax + urban maintenance and construction tax + education surcharge + local education surcharge, with a total exemption of 196904.76 yuan.
Today (November 11), an intermediary in Longhua reported that it obtained evidence and paid taxes from Longhua land and Resources Bureau. Taking a set of MTR Tiansong 81 Ping 3 rooms as an example, the luxury house value-added tax was reduced and exempted, saving 234000 yuan.
What is the impact on the Shenzhen property market?
1. Considering reducing the purchase cost of ordinary people, especially just needed, adjusting the luxury house tax is in line with this aspect.
Because at present, the total price of many small houses exceeds the luxury tax standard, so that many small houses of dozens of square meters are luxury houses, so as to bear a large luxury tax, which is obviously not conducive to meeting the just needed purchase demand.
2. On the one hand, it will reduce the burden of buying a house and have greater power to enter the market. On the other hand, the seller will also feel that this benefit should be shared by himself, which may have an impact on the increase of house prices.
3. It has played a more favorable role in the whole second-hand housing transaction, reduced taxes and fees, and reduced the purchase threshold at the same time.