Zhuhai second-hand house transaction tax

As the real estate market in Zhuhai continues to heat up, more and more people begin to pay attention to the tax and fee issues of second-hand housing transactions. Buying a second-hand house should not only consider the house price, but also consider the transaction tax, because it involves the cost of buying a house and the later tax issues. This paper will introduce in detail the calculation method and matters needing attention of the second-hand housing transaction tax in Zhuhai.

1. stamp duty

Stamp duty refers to the taxes and fees that buyers need to pay when buying second-hand houses. In Zhuhai, the stamp duty rate is 1%. The specific calculation method is as follows:

Stamp duty = total value of house transactions × 1%

For example, if you buy a second-hand house with a total value of 5 million, you need to pay stamp duty:

Stamp duty = 5 million yuan ×1%= 50,000 yuan.

It should be noted that if the buyer is buying a house for the first time and has purchased a second-hand house for five years, stamp duty can be exempted.

2. VAT

Value-added tax refers to the tax calculated according to the value-added amount in the process of housing transfer. In Zhuhai, the VAT rate is 5.5%. The specific calculation method is as follows:

Value-added tax = (total value of house transaction-original value of house) ×5.5%

Among them, the original value of the house refers to the evaluation value or cost value before the ownership of the house is transferred.

For example, if you buy a second-hand house with a total value of 5 million, the original value is 3 million, and you need to pay VAT:

Value-added tax = (5 million yuan-3 million yuan) ×5.5%= 1 1 ten thousand yuan.

It should be noted that if the buyer is buying a house for the first time and has purchased a second-hand house for two years, it can be exempted from VAT.

3. Personal income tax

Personal income tax refers to the tax calculated according to the seller's housing income in the process of housing transfer. In Zhuhai, the personal income tax rate is 20%. The specific calculation method is as follows:

Individual income tax = (total value of house transaction-original value of house-stamp duty-value-added tax) ×20%

For example, if you sell a second-hand house with a total value of 5 million, the original value is 3 million, you pay stamp duty of 50,000 yuan and value-added tax 1 10000, and you need to pay personal income tax:

Personal income tax = (5 million yuan-3 million yuan-50,000 yuan-110,000 yuan) × 20% = 360,000 yuan.

It should be noted that if the seller is an individual and has held the house for five years, he can be exempted from personal income tax.

4. Preventive measures

When buying a second-hand house, you should pay attention to the following points:

1. Confirm whether the house has mortgage or loan and whether there is any dispute.

2. Confirm whether the actual area and property right of the house are clear.

3. Confirm whether the seller can provide complete real estate license, land certificate and other relevant documents.

4. Confirm whether the seller can provide proof of paying the house tax.

Before signing a contract, you should read the terms of the contract carefully, especially the terms about taxes and fees.