When buying or ** a house, we need to pay a certain amount of closing costs. The transfer fee mainly includes deed tax, value-added tax, personal income tax and other taxes. So, how exactly is the transfer cost of the house calculated?This article will give you a detailed answer.
1. Deed tax Deed tax is the tax that the buyer needs to pay in the process of buying and selling the house, and the calculation method is as follows:
1.For the first home under 90 square meters, the deed tax is 1% of the transaction**.
2.For the first house of more than 90 square meters and less than 144 square meters, the deed tax is 15%。
3.The deed tax for two homes and above, regardless of the size of the house, is 3% of the transaction**.
4.For non-ordinary housing, the deed tax is 3% of the transaction**.
2. Value Added Tax
VAT is mainly for ** houses under two years old, and the calculation method is as follows:
1.Individuals** who purchase housing for more than two years (including two years) are exempt from VAT.
2.For individuals who purchase a house less than two years old, the VAT is 5 of the full amount of the transaction6%。
3. Individual income tax
The individual income tax is calculated as follows:
1.Individuals who have purchased a house for two years or more, and the house is the only house of the family, are exempt from individual income tax.
2.For individuals who purchase a house less than two years old, the personal income tax is 20% of the full amount of the transaction.
3.For individuals** who are not the only family dwellings, the individual income tax is 20% of the full amount of the transaction**, or calculated according to the difference between the original value of the house after deducting relevant taxes and fees (the difference between the original value after deducting taxes and fees * 20%).
4. Other expenses
In addition to deed tax, value-added tax, and personal income tax, there are other fees that need to be paid during the transfer process, such as transaction fees, appraisal fees, registration fees, etc. The specific cost standard varies from region to region, generally ranging from thousands of yuan to 10,000 yuan.
The transfer costs of the house mainly include deed tax, value-added tax, personal income tax and other taxes. When buying or ** a house, we need to calculate the corresponding transfer fee according to factors such as the size of the house, the age of purchase, whether it is the first home, etc. The exact cost may vary from region to region, and it is recommended to consult with a professional or relevant department before buying a home to ensure that the cost calculation is accurate.