The charging standard for the housing maintenance fund is: 5-8% of the project cost is paid for commercial housing, and 2% is paid when public housing is sold. In specific cases, it should be determined and determined based on the specific type and actual situation of the property being sold. handle to avoid conflicts and disputes.

The house maintenance fund is used for major and medium repairs and renovation projects of the main structure of the house, public parts and public facilities and equipment after the expiration of the house warranty period. In judicial practice, the handling of related matters needs to be based on prescribed procedures and requirements on the one hand, and appraisal and use based on the damage that needs to be identified during house repairs.

The purposes of paying housing provident fund are as follows:

1. Exemption from personal income tax. The housing provident fund paid by units and individuals in accordance with the proportion prescribed by the state is exempted from personal income tax, that is, it is deposited in housing. The amount of provident fund personal accounts and income from housing provident fund interest are exempt from personal income tax.

2. Enjoy the benefits of low-interest provident fund loans. When employees use provident funds to purchase and build housing, they can apply for housing provident fund loans. Provident fund loans have much lower interest rates than ordinary commercial personal housing loans.

3. As other supplementary funds for individuals or families. When an employee retires, the housing provident fund that has not yet been withdrawn from the personal account can be returned to the individual employee after the principal and interest are settled in one go and the account is closed, as a supplement to the pension.

To summarize: The housing provident fund is a housing security fund jointly established by the national and local governments to help residents solve housing problems. The housing provident fund has many benefits, including providing housing loan support, easing residents' pressure to purchase houses, and improving residents' living conditions.

Legal basis:

"Housing Provident Fund Management Regulations"

Article 3

The housing provident fund paid by employees individually and the location of the employee The housing provident fund paid by the unit for its employees belongs to the individual employees.