Save "1 ten thousand yuan" per suite.
On September 22nd, the Taxation Bureau of Huizhou City, State Taxation Administration of The People's Republic of China issued the Announcement on Adjusting the Approved Collection Rate of Individual Income Tax and Land Value-added Tax on the Transfer of Individual Second-hand Houses in Huizhou City (Draft for Comment) (hereinafter referred to as the Announcement).
According to the announcement, the approved personal income tax rate of individuals (excluding individual industrial and commercial households) transferring second-hand houses is adjusted to 1%, and the approved personal income tax rate of individuals (excluding individual industrial and commercial households) transferring second-hand non-residential houses is adjusted to 1.5%. In the case of transfer under special circumstances such as auction, it shall be implemented in accordance with relevant tax policies. In addition, the approved rate of land value-added tax for individuals (including individual industrial and commercial households) transferring second-hand non-residential land is adjusted to 5%. The announcement shall be implemented as of 202111.
"The tax has dropped by 1 point, and each suite has saved almost 1 10,000 yuan." A real estate agent in Huizhou told the reporter of China Times. According to the data of Ke Holdings Inc, the current price of second-hand houses in Huizhou is about 6,543,800 yuan/flat. In addition, the personal income tax rate for second-hand housing transactions in Huizhou is 2%. Individual tax adjustment means that the approved personal income tax rate for the transfer of second-hand houses in Huizhou is halved and the transaction cost is reduced. Based on a set of housing with a total price of 6,543,800 yuan, the current tax amount is 20,000 yuan, and the tax amount is halved to 654.38+0 after policy adjustment.
"Although it is only 1 10,000 yuan, it is the starting point for the second-hand housing policy to get better." The above-mentioned intermediary told the reporter of China Times that since last year, the price of second-hand houses in Huizhou has risen and the control is strict. In addition, the recent strict review of second-hand housing loans has led to a sharp decline in the transaction volume of second-hand housing in Huizhou.
It is reported that on July 29 this year, Huizhou was interviewed by the Ministry of Housing and Urban-Rural Development. On August 9, seven departments in Huizhou jointly issued the Notice on Further Promoting the Stable and Healthy Development of the Real Estate Market in our city, saying that it is necessary to strictly review the sources of funds for house purchase, prevent residents from misappropriating consumer loans and personal business loans to buy houses, and prohibit non-bank financial institutions from providing loans for house purchase to individuals. In addition, we will strictly implement the three-year sales policy for newly purchased houses, suspend the sale of newly-built commercial houses to non-local residents who own 1 set or more houses in key areas, and resolutely curb speculative real estate speculation.
In addition, since the implementation of "centralized management of real estate loans" this year, Huizhou has also experienced a "mortgage shortage". In July this year, the personal loan manager of a branch of Industrial and Commercial Bank of China Huizhou told the reporter of China Times that the situation of second-hand residential loans in Huizhou was not very clear, and it might not be released for half a year. Recently, many housing agents in Huizhou told the reporter of China Times that the second-hand housing loan in Huizhou is tight, and the lending time is about 3-4 months, or even more than half a year.
According to the data of the National Bureau of Statistics, in August of 20021year, the prices of new and second-hand houses in Huizhou all fell. After rising for nine months in a row, the price of new commercial housing fell for the first time, with a decrease of 0.4%. The sales price of second-hand houses fell for two consecutive months, with a drop of 0.3% in August.
Ms. Li Li, president of Leyoujia Marketing, said that the tax rate adjustment in Huizhou is undoubtedly a big plus for those who just need to buy houses. Under the multi-dimensional strict control policies such as tight mortgage, high interest rate, restricted purchase and sale, and filing price management, the housing price in Huizhou property market has been effectively controlled at present, but it has also hurt the just-needed demand to some extent and intensified the market wait-and-see mood. The adjustment of the second-hand housing tax rate has reduced the cost and burden of buying houses, and given certain support to those who just need to buy houses from the policy to meet their normal housing needs.
"The starting point of tax rate adjustment has nothing to do with real estate"
It is worth noting that, except Huizhou, other cities in Guangdong Province-Zhuhai, Zhongshan and Zhaoqing have also issued similar policies since September 13, reducing the transaction tax on second-hand houses to 1%, and implementing it from June 1 1.
"From the reasons for adjustment, the announcements of various cities mentioned the content of' deepening the reform of tax collection and management', so the starting point of similar policy adjustments has nothing to do with real estate, but with the reform of the tax department." Yan Yuejin, research director of the think tank center of Yiju Research Institute, told the reporter of China Times.
The reporter of China Times noted that the announcements issued by Huizhou, Zhongshan, Zhaoqing and Zhuhai clearly pointed out that the announcement was issued to thoroughly implement the Opinions of the Central Office and the State Council on Further Deepening the Reform of Tax Collection and Management, further promote the unification of tax law enforcement standards among regions, fair transfer of tax burden on second-hand houses, improve tax convenience, reduce the cost of tax collection and management, and improve tax compliance and social satisfaction.
According to the statistics of Leyoujia, at present, the tax rate of second-hand residential transactions in all cities in Greater Bay Area is 1%, while the tax rates of Dongguan Hui, Zhuhai, Zhongshan and Foshan are all 2%, and there are differences in tax standards.
Yan Yuejin believes that the adjustment of second-hand housing tax policy has nothing to do with real estate regulation and control, and there is no need to make too many associations. However, the adjustment of this tax policy has a certain impact on second-hand housing transactions, that is, at present, second-hand housing transactions around the country are facing cooling pressure, and the adjustment of second-hand housing tax policy reduces the transaction cost of second-hand housing and contributes to the circulation of second-hand housing. In addition, Yan Yuejin also said that (relevant departments) should prevent intermediaries and other institutions from speculating on housing and housing prices through such policies.