How to calculate taxes on buying a new house and apartment
Buying a new house or apartment is an important decision for many families, but in addition to the price itself, taxes and fees are also a significant expense. Understanding how home purchase taxes are calculated can help you better plan your budget. This article will analyze in detail the various taxes and fees involved in purchasing a new house and apartment, and provide structured data for reference.
1. Types of taxes and fees involved in purchasing a house
The following taxes are usually payable when purchasing a new home apartment:
| Types of taxes and fees | Collection standards | Payer |
|---|---|---|
| Deed tax | Depending on the area of the house and whether it is the first home | buyer |
| stamp duty | 0.05% of the contract amount | buyers and sellers |
| maintenance fund | Depending on local regulations, usually calculated by area | buyer |
| registration fee | Ranging from 80 to 550 yuan | buyer |
2. Specific calculation method of deed tax
Deed tax is the largest item of property purchase taxes and is calculated as follows:
| House type | area | tax rate |
|---|---|---|
| first suite | Below 90㎡ | 1% |
| first suite | More than 90㎡ | 1.5% |
| Second suite | Below 90㎡ | 1% |
| Second suite | More than 90㎡ | 2% |
| Three sets or more | No area limit | 3% |
3. Detailed explanation of other expenses
1. Stamp duty:The buyer and seller each pay 0.05% of the contract amount, usually when applying for the real estate certificate.
2. Maintenance Fund:It is used for the maintenance of public facilities in the community, and the standards vary from place to place. Taking Beijing as an example, multi-storey residences cost 100 yuan per square meter and high-rise residences cost 200 yuan per square meter.
3. Registration fee:The registration fee for residential properties is 80 yuan/unit and for non-residential properties is 550 yuan/unit.
4. Examples of Calculation of House Purchase Taxes
Suppose you purchase a 100㎡ first home with a total price of 3 million yuan in Beijing (the maintenance fund is calculated as 200 yuan/㎡):
| Expense items | Calculation formula | Amount |
|---|---|---|
| Deed tax | 3 million×1.5% | 45,000 yuan |
| stamp duty | 3 million × 0.05% | 1500 yuan |
| maintenance fund | 100㎡×200 yuan | 20,000 yuan |
| registration fee | - | 80 yuan |
| total | - | About 66,700 yuan |
5. Tax Saving Tips
1. Make reasonable use of the qualifications for first-time homes: The deed tax rate for first-time homes is low. If there is a need for improvement, you can consider selling first and then buying.
2. Pay attention to local preferential policies: Some cities have deed tax subsidy policies for talents to purchase houses.
3. The area should be controlled within 90㎡: 90㎡ is the dividing line for the deed tax rate. Small apartments can save a lot of taxes.
6. Special reminder
1. The above tax standards may change with policy adjustments. Please consult the local housing authority before purchasing a house.
2. Some developers may collect taxes and fees, so you need to verify whether the charging standards are reasonable.
3. In addition to the above taxes and fees, you may also need to pay property fees, decoration deposits and other fees. It is recommended to reserve a tax budget of 3-5% of the total house price.
By understanding how these taxes are calculated, you can more accurately assess the cost of buying a home and avoid having tax issues affect your home buying plans. It is recommended to consult professionals or relevant departments in detail before signing a house purchase contract to ensure that all fees are transparent and reasonable.
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