In order to encourage the development of affordable housing, this province has enlarged its measures-housing leasing enterprises with a certain scale will enjoy tax incentives.

1On the evening of 9 October, it was reported by yunnan net that the relevant departments in Yunnan had issued the Notice on Relevant Matters Concerning the Implementation of Preferential Tax Policies for Housing Leasing (hereinafter referred to as the Notice), which clarified the standards for specialized large-scale housing leasing enterprises in Yunnan Province.

The national business daily reporter noted that in July this year, the Ministry of Finance and other three departments issued the Announcement on Improving the Taxation Related to Housing Leasing (hereinafter referred to as the Announcement), which clarified the tax incentives for relevant leasing enterprises, and Yunnan was the first province to issue and implement relevant policies after the announcement was issued.

Enterprises developing and operating rental housing will receive tax support.

The Notice defines the enterprise standards for enjoying preferential policies. Relevant enterprises will enjoy specific tax benefits as long as they hold or operate 500 sets (rooms) or more of rented houses or have a construction area of10.5 million square meters or more in the city where the business is reported or filed.

The reporter of national business daily noted that the tax incentives for enterprises developing affordable housing in Yunnan mainly focus on three dimensions: value-added tax, property tax (landlord tax which is more market-recognized) and simple taxation.

According to the Notice, small-scale taxpayers of value-added tax in housing leasing enterprises rent houses to individuals, and the value-added tax is calculated and paid at the rate of 5% minus 1.5%.

The general taxpayer of value-added tax in housing leasing enterprises can choose to apply the simple tax method to calculate and pay the value-added tax at the rate of 5% minus 1.5%, or apply the general tax method to calculate and pay the value-added tax.

If the housing leasing enterprise applies the above-mentioned simple tax calculation method to individuals and pays in advance, the value-added tax will be paid in advance at a reduced rate of 1.5%.

For enterprises, institutions, social organizations and other organizations that rent housing to individuals and specialized large-scale housing leasing enterprises, the property tax will be levied at a reduced rate of 4%.

According to the Notice on Relevant Matters Concerning the Collection and Management of Individual Income Tax on Personal Rental Houses issued by Yunnan Taxation Bureau at the beginning of 2020, from 2002 1 year 1 month1day, the rental income or other income of individuals who rent their own houses or rented houses to lessees in Yunnan Province and obtain economic benefits shall be based on "property rental income"/kl.

Lu Peng, an insider who used to be the manager and housekeeper of long-term rented apartments in TOP 10 housing enterprises, calculated an account for the reporter, taking the monthly rent of 8,500 yuan as an example (only counting the reduction of "property tax"). Under the New Deal, it is probably 340 yuan tax money (due to taxation reasons, the actual tax payment may be slightly less). If it was 10% before,

As for how much benefits this policy can bring to enterprises in the industry, Lu Peng thinks it is difficult to refine, but the overall benefits to enterprises are greater.

"This can't be refined, because the preferential rate of policies in each place is different, but I think the preferential treatment for enterprises is quite large. Of course, the premise is that other cities also implement this policy. We can roughly calculate that, taking Vanke as an example, the operating income of long-term rental apartments last year was 2.54 billion yuan, with a cumulative opening of142,400. Generally, the net interest rate of long-term rental apartments that have done well in the industry is about 12%- 15%, calculated by 12%, then

In addition, people in the industry generally believe that the management department is conducive to expanding and cultivating the housing rental market through taxation and other means to alleviate practical problems such as housing difficulties.

Regarding the policy of encouraging the development of affordable housing in Yunnan, Yan Yuejin, research director of the think tank center of Yiju Research Institute, told the reporter of national business daily that "this policy has many tax reductions, including value-added tax reduction and property tax reduction, which is beneficial to enterprises and renters to a great extent".

Yan Yuejin believes that for enterprises involved in renting housing, many enterprises have experienced great operating pressure and even thunder in the past two years, and tax relief can alleviate the operating pressure of these small and medium-sized enterprises and improve their profitability. As long as there is profit space, it will naturally attract more enterprises and funds, which will enhance the enthusiasm of enterprises to supply affordable rental housing to the market.

The reporter inquired about the data of the National Bureau of Statistics and found that in the past ten years, among the 16 provincial cities and autonomous prefectures under the jurisdiction of Yunnan, only Kunming, Xishuangbanna, Dehong, Nujiang and Lijiang maintained a positive population growth.

In addition, according to Kerry data, the real estate supply in Kunming, the capital of Yunnan Province, in the first three quarters of this year was12,299,700 square meters, with a turnover of10,542,400 square meters. The market performance declined, with the supply and turnover dropping by 33.44% and 17.62% respectively compared with last year.

Expand the supply of affordable rental housing in many places

In fact, in addition to encouraging enterprises to develop affordable housing in Yunnan, it has become a common knowledge that cities expand the market supply of affordable housing.

Since the beginning of this year, many cities including Shenzhen, Shanghai, Beijing, Guangzhou and Xiamen have successively issued opinions on accelerating the development of affordable rental housing.

Shanghai proposed to build 400,000 sets (rooms) of affordable rental housing during the 14th Five-Year Plan period, accounting for about 40% of the total housing supply.

Guangzhou proposed to raise all kinds of housing 13 1 10,000 sets during the Tenth Five-Year Plan period, of which 600,000 sets (rooms) were affordable rental housing, accounting for 45%; .

Beijing will use the collective operating construction land and non-residential stock housing to build rental housing into the standardized management of affordable rental housing;

Shenzhen, on the other hand, proposed in this year's government work report that in 20021year, Shenzhen will build and raise 80,000 sets of public housing, and renovate and raise more than 0.0000 sets of rental housing10000;

Xiamen issued "Opinions on Accelerating the Development of Affordable Rental Housing", clearly giving policy support from four aspects: increasing land policy support, implementing tax and fee and central subsidy fund support policies, improving financial policy support, and simplifying the approval process.

Xiaobo Liu, a senior financial commentator, told the national business daily that the general rules followed by the China property market in the future can be summarized into one sentence: "There is a market at the high end, support at the middle end, and security at the low end", which is also frequently mentioned by many government departments. The establishment of this multi-level and housing supply system will be beneficial to the healthy development of the commercial housing market.

Wang Ping, who applied for the third phase of Longyueju in Shenzhen, told reporters that the house he is renting now is affordable housing (public rental housing) in Shenzhen, which is quite cost-effective. The rent is only 30% of the house in the same lot. The monthly rent for the two-bedroom and one-bedroom house he lives in is about 1 100 yuan.

Wang Ping told reporters that his unit will have about 20-30 affordable housing places every year, but the applicants are required to be deep-seated and live in their own homes. He himself applied in this way, and employees will be assigned according to the order of points after registration.

But if there is no such internal quota, we can only wait in line with the principle of "first come, first served" in the market. "For enterprises with internal quotas, each district in Shenzhen is different. ZTE and Huawei are on the list, as are schools, hospitals and other institutions. The government has set aside a part of the public rental housing as a' talent room' to give them targeted rent. " Wang Ping told reporters.

Another Sun Xin, who also applied for affordable housing in Shenzhen, told the reporter, "Although there are more and more batches of affordable housing in Shenzhen every year, the number of applicants is increasing, and the difficulty is getting bigger and bigger. I filed an application in September of 20 19, and the affordable housing released by Nanshan has also been submitted, and I am still waiting." Sun Xin also revealed that one of his colleagues had not applied for it for five years.

Receipt of application for affordable housing in Shenzhen, courtesy of respondents.

Alleviate the difficulty of renting houses for young people in big cities

An industry insider pointed out that the improvement of rental policies and tax relief for related enterprises in various places can not only benefit the participating enterprises, but also play a good role in "lubricating" the rental difficulties of young people in cities. "Although it may take a long time, at least the momentum has come out, and the problem of young people renting houses in big cities is being solved."

"You may not believe it, but it is difficult to recruit people for technical positions in our company. I think the cost of renting a house in Shenzhen is too high. In contrast, talents with such technical positions are more willing to go to Suzhou and Chengdu. As far as I know, there are quite a few technical posts returning to Changsha in the industry. " The secretary-general of a listed company in Shenzhen's electronic information industry told reporters.

The reporter's recent investigation found that the problems reflected by most of the respondents who rented houses can be summarized as two points. First, it is difficult to rent, expensive to rent, and high intermediary commission in the rent-seeking stage; Second, after moving in, you will encounter some bad things from the second landlord.

Photo courtesy of respondents in Xiasha Village, Futian District, Shenzhen

Chen Ming, a renter who wants to rent a two-bedroom apartment in Futian District, Shenzhen, told reporters, "It's too troublesome to look at the house now, and the commission is still very high. I have seen several houses in Xiasha Village, Futian District in recent days, and the rent below the fourth floor has basically gone to more than 4,000 yuan, and after taking a fancy, the intermediary has to charge an intermediary fee ranging from 30% to 50% at a time, which is too expensive."

According to Li Yujia, the chief researcher of Guangdong Housing Policy Research Center, the preferential policies given to enterprises in various places are a good focus for "solving the outstanding housing problems in various cities", which can not only cultivate the market confidence of the long-term rental industry, but also allow more market participants to participate in this industry, and the support of various cities in land and taxation to the industry can play a role of "four or two".