The default interest rate of overdue loans (loans that the borrower fails to repay on the date agreed in the contract) is adjusted from the current daily interest rate of 2. 1% to 30%-50% higher than the loan interest rate stipulated in the loan contract; If the borrower fails to use the loan according to the purpose agreed in this contract, the default interest rate will be changed from the current daily interest rate of 0.5 ‰ to 50- 100% of the loan interest rate stipulated in the loan contract. For loans that are overdue or not used according to the purpose agreed in this contract, interest will be charged at the default interest rate from the date when they are used in loans overdue or not according to the purpose agreed in this contract until the principal and interest are fully paid off. For the interest that cannot be paid on time, compound interest shall be calculated at the penalty interest rate.

Property management fee, business tax 5%, urban construction tax 7%, education surcharge 3%, local education surcharge 0%, water conservancy fund 0.06%, etc. The water and electricity charges collected and remitted can be indicated on the social service invoice issued by collecting property fees, and the collection fees are taxed according to the difference.

Business tax is levied on property management fees, generally 3-5%. It can be calculated by multiplying the tax amount collected by the local tax authorities by the proportion of late fees and then by the number of days.