Changsha City is subordinate to Hunan Province, the capital of Hunan Province. It is located in the East and north of Hunan Province, the lower reaches of Xiangjiang River and the western edge of XiangLiu basin. It is the core city of the comprehensive reform pilot area for the construction of two oriented society. So Hunan second-hand real estate tax what? What are the calculation methods of second-hand housing transaction tax?
In 2017, the new deal of second-hand housing transaction in Hunan Province, the calculation of second-hand housing transaction tax and fee:
The buyer should pay taxes:
1. Deed tax: 1.5% of the house price (3% if the area is more than 144 square meters, 1% if the area is less than 90 square meters and is the first suite)
2. Stamp duty: how to calculate the 0.05% stamp duty of house payment
3. Transaction fee: 3 yuan / m2
4. Surveying and mapping fee: 1.36 yuan / m2
5. Ownership registration fee and evidence collection fee: generally within 200 yuan.
The Seller shall pay taxes:
1. Stamp duty: 0.05% of the house price
2. Transaction fee: 3 yuan / m2
3. Business tax: 5.5% of the total amount (if the house property certificate is less than 5 years)
4. Personal income tax: 20% of the profit of real estate transaction or 1% of the house price (exemption can be granted if the house property certificate has been valid for 5 years and is the only house)
Taxes and fees to be paid for house transfer by commercial auction:
1. Deed tax of 3% of the transaction price;
2. Handling charge: transaction fee of 5 yuan / m2, registration fee of 550 yuan / set;
3. Stamp duty of 0.05% of the total transaction price;
4. 30% - 60% of the land value-added tax;
5. 5.55% of the difference in business tax and surcharges;
6. Personal income tax of 20% of the price difference.
Recommended reading:
The most complete guide to second hand housing transaction tax payment after replacing business tax with value added tax in Changsha
Second hand housing sales tax is still in the 'old place':
As there are many kinds of taxes involved in the purchase and sale of second-hand houses, in order to avoid the two ends of taxpayers in tax affairs, the State Administration of Taxation has tentatively decided that the Local Taxation Bureau will handle the tax declaration acceptance, tax assessment, tax collection, tax preference filing, invoice issuing and other related matters of value-added tax on the purchase and sale of second-hand houses.
The process of levying VAT on behalf of local tax authorities remains unchanged.
The reduction and exemption policy is that the value-added tax is still reduced after replacing business tax with value-added tax if the business tax originally meets the conditions of reduction and exemption of business tax: if an individual sells the house for less than 2 years, he shall pay the value-added tax in full at the rate of 5%; if an individual sells the house for more than 2 years (including 2 years), he shall be exempted from value-added tax.
The tax burden that does not meet the conditions for reduction will be reduced
If an individual transfers his or her purchased house and pays VAT in full according to relevant regulations, the tax payable shall be calculated according to the 5% levy rate with the total price and extra price expenses obtained as the sales amount.
For example, if a person sells and purchases a house for less than 2 years, the sales including tax is 1 million yuan, and the collection rate is 5%. Originally, the business tax should be paid = 1000000 & times; 5% = 50000 yuan, now the value-added tax should be paid = 1000000 / (1 + 5%) & times; 5% = 47619.05 yuan
The reduced tax is: 50000-47619.05 = 2380.95 yuan.
After replacing business tax with value-added tax, when an individual transfers the shop he has acquired, the balance of the total price and extra price expenses obtained from the transfer of the real estate after deducting the original purchase price of the real estate or the fixed price at the time of acquiring the real estate shall be taken as the basis for the calculation of the prepaid tax.
The calculation formula is: tax payable = (total price and extra price expenses - the original purchase price of real estate or the price at the time of acquisition) & divide; (1 + 5%) & times; 5%
For example, if someone sells a shop, the sales amount including tax is 1 million yuan, the deduction is 800000 yuan (the price when the shop is bought), and the collection rate is 5%. The original business tax payable = (1000000-800000) & times; 5% = 10000 yuan, the current value-added tax payable = (1000000-800000) / 1 + 5% & times; 5% = 9523.81 yuan, the reduced tax is: 10000-9523.81 = 476.19 yuan.
Related reading:
Recently, according to the latest data released by the housing big data joint laboratory and the housing big data project team of the Institute of Finance and economics of the Chinese Academy of Social Sciences, a new national second-hand housing price data has been released. In December 2017, Changsha's second-hand housing price was 10227 yuan / m2, ranking 51st in the country. On the other hand, according to the data of Hunan Zhongyuan research center in 2017, the average transaction price of new houses in Changsha in 2017 was only 8788 yuan / m2.
From the intuitive data, we can calculate that the new house is 1439 yuan / m2 lower than the second-hand house, and the price difference is 14.1%. Under the new round of strict price limit policy for new houses last year, the price inversion of new and second-hand houses in Changsha is also quite serious.
In the past, the price of new houses was generally higher than that of second-hand houses. Due to the shortage of new houses in the market last year, it was difficult to find a house, and the difficulty of purchase increased layer by layer. Many rigid demanders and investors turned their attention to the second-hand housing market with high cost performance, and then the second-hand housing market began to heat up rapidly. However, since the government's strict price control, the price of new housing can not fluctuate significantly, while the second-hand housing is less restricted, and its trading volume and house price begin to rise rapidly.
It is reported that last year, Changsha real estate registration center experienced three business peaks, with a total of 1004832 transactions (4035 transactions per day) completed in the whole year and 531929 certificates issued. At the same time, the price of second-hand housing also remains high. According to the data of a second-hand housing trading platform in Changsha, the price curve of second-hand housing is on the rise as a whole. In January 2018, the average price of second-hand housing in Changsha was 9901 yuan / m2, up 0.28% month on month and 26.69% year on year.