Tax refund policy for deed tax on house purchase

Not everyone can refund the deed tax of buying a house, and only when certain conditions are met can the tax refund be made. According to the regulations, if the building area of the house purchased by an individual is less than 144 square meters, or the interior building area is less than 120 square meters, and it belongs to the only house in the family, the deed tax will be levied at a rate of1.5%; If the purchased house is the first suite with an area of less than 90 square meters and belongs to the only family house, the deed tax shall be levied at 1%; Those who meet the above conditions can enjoy preferential deed tax policies. Do not meet the conditions, should be levied at the statutory tax rate of 3%. Those who meet the requirements but do not enjoy the preferential deed tax may apply for tax refund.

Who will bear the deed tax on buying a house? The deed tax for buying a house is generally borne by the buyer. Whether it is a new house or a second-hand house, the buyer has to bear the cost. However, the proportion of deed tax collection is not fixed, but the final proportion is determined according to the actual area of the house. In general, the tax rate of deed tax is between 1%-3%. If the building area does not exceed 90 square meters, the tax rate is 1%. If the house area is more than 90 square meters but less than 140 square meters, then the tax rate is 1.5%. If the housing area has exceeded140m2 or the second residential house is purchased, the tax rate is 3%.

What taxes and fees do I need to pay for buying a house? Deed tax, business tax, property tax, individual tax, stamp duty, production fee, registration fee and so on are required. If it is the first suite, then there is no need to pay business tax and property tax, which is also a preferential policy given by the state, and all other taxes must be paid. The deed tax is generally 1% for houses below 90 square meters, 140 square meters/0.5% for houses above 90 square meters, and140 square meters/3%. In addition to these expenses, there are also property fees and housing maintenance funds to be paid when buying a house. The property fee belongs to the property, and the maintenance funds are handed over to the local government housing management department.