Housing tax with VAT So to pay how much

Second-hand House transaction tax changes to VAT.

On March 13, the 12 session of the national people's Congress held its third plenary meeting. Director of the State administration of taxation, the Royal Army after the "channel of Ministers" revealed, in his Government work report released the full implementation of the camp changed increasing "General offensive", the tax department as a major force, must ensure that the reform to May 1 landing on schedule. Compared with the past, this camp to increase there are several different, including the first involving natural persons to pay VAT, such as personal housing transactions.

"This also means that second-hand House transaction since sales tax changes to VAT. "Shanghai finance and Economics University Professor Hu Yijian said.

According to the Ministry of finance concerning the adjustment of housing transfer website, released March 30, 2015 issued the notice on tax policy. On March 31, 2015 to adjust personal House transfer tax policies, which resell purchased homes exempt from sales tax period from buying more than 5 years (5 years) was cut to more than 2 years (2 years). Purchase more than 2 years (2 years) on homes exempt from sales tax; purchased less than 2 years of housing sale tax in full; buy more than 2 years (2 years) of non-ordinary houses in accordance with its sales revenue minus the difference of the purchase price for the House tax.

Shanghai centaline property research and consulting senior manager Lu Wenxi said replace business tax value-added tax starting point is the perfection of the tax system, the main role is indirectly discourage real estate speculation.

Current real estate business taxes mainly levied according to 5.5%, but according to industry speculation, real estate into the camp to increase the applicable tax rate in the 11%, which concerns a tax increase.

"Sales tax to sales tax collection of the tax to specific systems, such as whether to increase before it can investigate, depending on different circumstances. "Hu Yijian pointed out.

Surging News (www.thepaper.CN) according to the sales tax 11% tax rate to calculate, compare housing to replace business tax VAT tax difference, which can be divided into two: Li Xunlei what did I see in Central Bank liquidity

First is the House sold within 2 years of purchase.

At $ 3,000,001 homes, whether or not Mr House within 2 years to pay a 5.5% tax, or 165,000.

If sales tax calculation on a 11%, homes for sale or is 3 million, but the initial purchase price is 1.5 million, probably required to pay after the deductible input tax of 147,000 yuan. But more to the tax will more than sales tax. Such as selling price of 4 million Yuan, according to the sales tax to pay 220,000 yuan; VAT pay 247,700 Yuan.

Another was purchased less than 2 years of housing for sale.

For ordinary houses, priced at 3 million, 2 years do not need to pay taxes. If the sales tax is required to pay, payment of 147,000 yuan.

For non-residence, priced at 3 million, and within 2 years the situation is similar, differences are not great.

"By calculating the crude for general housing appears to be less favorable, so estimates on the policy development have the potential to adjust. At the same time improving the tax system should take into account the reasonable housing needs. In addition, VAT, other taxes in theory can be adjusted. "Lu Wenxi said.

Is worth noting that, second-hand House transaction tax in addition to sales tax involves taxes, individual income tax, land tax, stamp duty and other taxes.

In this regard, Hu Yijian points out, "camp increase covers only the modified business tax with VAT, deed tax, a tax levied as usual. "

"At present, the secondary operation of change increases there is speculation in the industry is levied according to summary of VAT taxation, levied to 3%, until such taxes are reduced. "Hu Yijian said.

In other words, also sells a set of 3 million less than two years residence, deductible input tax and would need to pay 87,000 yuan.

According to Wang, in the implementation of programmes has been considered in the past preferential policies in principle, according to the characteristics and circumstances of different industries on the basis of this new developed a number of transitional measures, to ensure that the tax burden of all trades only reduced rather than increased.