How to pay taxes on personal rental income? What are the precautions for individual renting?

If an individual rents a house, he needs to pay part of the rent tax. If he/she is the landlord, he/she needs to pay this part of the fee. But you don't have to pay if you rent a house. These tips need to be understood. Let's take a look at how to pay taxes on personal rental income, and what are the precautions for personal rental. These tips are very important for everyone to understand the rental information and some precautions. Let's learn more.

How to pay taxes on personal rental income?

1, personal rental of non-housing: personal income tax: if the income from property rental does not exceed 4,000 yuan at a time, 800 yuan will be deducted; If it exceeds 4,000 yuan, 20% of the expenses shall be deducted, and the balance shall be taxable income at the tax rate of 20%; Stamp duty: decal of one thousandth of the lease amount of the real estate lease contract. If the tax amount is less than 1 yuan, press 1 yuan for decal.

2. Property tax:12%; Business tax: 5%; Urban maintenance and construction tax and surcharge: the actual business tax paid is multiplied by the urban construction tax rate (7%, 5% and 1% are applicable according to the taxpayer's location), and the surcharge rate is 3%.

3. Individuals should pay the following taxes and fees for renting houses: Personal income tax: Personal income tax is levied at the rate of 10% on the income obtained from temporarily renting houses, and urban land use tax and stamp duty are exempted.

4. The property tax is 4%; Business tax: calculated and paid by halving the tax rate of 3%; Urban maintenance and construction tax and surcharge are the same as individual renting non-housing

What are the precautions for individual renting?

1. To rent a house, you need to verify the property right certificate and the owner's ID card to confirm whether you have the right to rent a house, who are the neighbors of the house, and whether it will affect your future residence.

2. Make clear who will bear the housing-related supporting expenses (water, electricity, gas, property fees, heating fees, cable TV, broadband and telephone), and confirm the current payment situation. Regarding the housing deposit, it is necessary to stipulate in the contract under what circumstances it will be refunded and under what circumstances it will not be refunded.

3. In the house lease contract, it is agreed who will be responsible for water leakage, damage to indoor supplies, the lease agreement, payment time, lease time, lease term and so on. Other issues that can be expected during the use of the house shall be agreed in the contract.

4. Don't believe those small advertisements posted on telephone poles, which may be scams. It is recommended to choose a formal intermediary, and the reliability of the housing will be higher.

The above content introduces how to pay taxes on personal rental income. If it is a personal rental, you need to pay personal income tax, as well as property tax. The specific payment form and calculation method need to be comprehensively calculated according to different housing areas. What are the precautions for individual renting? You can learn more about these precautions, which is a good reference for renting a house. I hope these contents can help you.