What is the rent tax rate?

What is the rent tax rate? This is a problem that many people will care about when renting a house. In fact, China's housing rental tax rate is determined by many factors, including region, rent amount, lease term and so on. Below, we will introduce the provisions of China housing rental tax rate in detail to help you understand how the housing rental tax rate is calculated.

First, the basic provisions of the housing rental tax rate

According to the Individual Income Tax Law of People's Republic of China (PRC), the income obtained by individuals from renting houses shall be taxed. Specifically, individuals who rent houses that exceed the monthly rent in 800 yuan are required to pay personal income tax. The tax rate varies according to the amount of rent, and the highest tax rate is 20%.

Second, the calculation method of housing rental tax rate

1. Calculate taxable income

Taxable income = rental income-rental expenditure-starting point 800 yuan.

Among them, housing rental income refers to all income obtained by individuals renting houses, including rent and property fees. Housing rental expenditure refers to the housing maintenance fees, property management fees and other related expenses that individuals need to pay for renting houses.

2. Calculate the tax payable

Taxable amount = taxable income × applicable tax rate-quick deduction

The applicable tax rate varies according to the taxable income. Please refer to the following table:

Taxable income (yuan) Tax rate (%) Quick deduction (yuan)

No more than 3600030

Over 36,000 rpm144,000102520

144000 above to 30000020 16920.

Transfer from 300000 to 420000253 1920.

From 420000 to 6600003052920.

From 660000 to 9600003585920.

Exceeding 96000045 18 1920.

For example, if a person rents a house for 2,000 yuan a month, and the rental expense is 500 yuan, then his taxable income is (2000-500-800) *12 =10, 800 yuan. According to the above table, the applicable tax rate is 3% and the quick deduction is 0, so his personal income tax is 10800 * 3% = 324 yuan.

Third, the regional differences in housing rental tax rates.

In addition to the above basic provisions, the housing rental tax rate will also vary from region to region. For example, the personal income tax rate in Beijing is 3% to 45%, and that in Shanghai is 3% to 35%. Therefore, when renting a house in different areas, we need to pay attention to the local tax policies.