Xiamen is a beautiful coastal city with high housing prices. Buying a second-hand house in Xiamen needs to know the relevant tax standards and calculation methods in order to make a good budget and plan.

Taxes and fees for second-hand housing transactions in Xiamen

Taxes and fees to be paid for buying second-hand housing in Xiamen mainly include deed tax, personal income tax and value-added tax.

1. Deed tax: Deed tax refers to the taxes and fees paid according to the specified proportion of the house price agreed in the house sales contract. In Xiamen, the deed tax rate is 1.5%.

2. Personal income tax: Personal income tax refers to the tax that the seller needs to pay in the house payment, and the tax rate is 2%. If the seller is a non-resident individual, the tax rate is 1%.

3. VAT: If the seller is a real estate development enterprise, VAT is required. The VAT rate is 5%.

calculation method of taxes and fees for second-hand housing transactions in Xiamen

the calculation method of taxes and fees to be paid for buying second-hand housing in Xiamen is as follows:

1. calculation method of deed tax: deed tax = house price ×1.5%

for example, if the price of buying a house is 1 million yuan, the deed tax will be 1 million yuan× 1.5% = 15, yuan.

2. personal income tax calculation method: personal income tax = (house transfer price-house purchase price-house appreciation) ×2%

where the house transfer price is the selling price, the house purchase price is the original house purchase price, and the house appreciation value is the house appreciation value.

for example, if the purchase price of a house is 1 million yuan, the selling price is 1.5 million yuan, and the value-added value of the house is 2, yuan, the personal income tax to be paid is (1.5 million yuan-1 million yuan-2, yuan) × 2% = 6, yuan.

3. calculation method of value-added tax: value-added tax = house transfer price ×5%

for example, if the price of buying a house is 1 million yuan and the selling price is 1.5 million yuan, the value-added tax will be 1.5 million yuan× 5% = 75, yuan.

Precautions

When buying a second-hand house, you need to pay attention to the following matters:

1. Confirm whether the property right certificate, land certificate and other related documents are complete.

2. confirm whether the house is mortgaged or sealed up.

3. confirm whether the actual area of the house is consistent with the property area.

4. confirm whether the property management fee, maintenance fund and other related expenses have been paid.

5. confirm whether the seller is a legitimate real estate development enterprise or individual.