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How to calculate the deed tax and maintenance fund of Yancheng new house?
Usually look at the size of your house first. The deed tax is less than 90 square meters 1%, less than 90 square meters 1.5%, and more than 3% 144 square meters, depending on the number of houses. The deed tax on the second house is 3%. Regardless of the size of the house, the maintenance fund is generally 2% of the house price.

Deed tax originated in the Eastern Jin Dynasty in China and has a history of 1600 years. At that time, both buyers and sellers had to pay, and only the buyer had to pay since the Northern Song Dynasty. Deed tax refers to a tax levied on the buyer when the owner of real estate (real estate, land) changes. Deed tax is related to the size of the property and the amount of land owned. Generally, the bigger the land, the more land and the heavier the deed tax.

Maintenance fund refers to a certain amount of money paid by the owners of residential quarters for the maintenance of public parts and facilities and equipment in this quarter, which is usually given to local properties, generally 2% of the house price. Idle maintenance funds can be used for purchasing government bonds and risk-free financial management, and cannot be used for other purposes.