In both new and second-hand homes, the transfer of property must be taxed. In addition to this, new home buyers are required to contribute to the housing maintenance fund, and what is the standard and maintenance fund for the introduction of the new deed tax in 2018? Under what circumstances does a buyer have access to a home maintenance fund
I. Criteria for the collection of new property deeds
Both new and second-hand homes are subject to a certain percentage of the tax due when they are bought, sold or donated. The current tax rate is 3 per cent of the value of real estate transactions. However, there are exemptions, both new and second-hand, which are implemented in accordance with the following provisions:
(i) across the north
Purchase of the first flat: the tax rate is 1 per cent if the house is 90 m2 and 1. 5 per cent if the house is 90 m2。
2. Purchase of two units: the tax rate is 1 per cent if the house is 90 m2 and 2 per cent if the house is 90 m2。
3. Purchase of three or more housing units, non-residential: the tax rate is 3 per cent, no relief, regardless of the size of the dwelling。
Ii. Proportion of public maintenance funds for new housing
When selling a commercial house, the buyer and the seller shall enter into an agreement for the payment of the maintenance fund and the buyer shall pay the maintenance fund to the seller (developer) at a rate of 2-3 per cent of the purchase price. The maintenance funds collected by developers are shared with all owners and are not included in the income from residential sales。
(b) special maintenance fund contribution criteria: 90 yuan/m2 at the top level (with multiple layers of elevators), 50 yuan/m2 at the multi-layer level (with villas) (where the criteria for housing maintenance funds are linked to economic levels, with slight variations in the specific collection criteria);
Housing maintenance fund = cost per square metre of building space x ratio x area。
Note: as the specific criteria for the maintenance fund are determined by the local property administration, the proportion of the maintenance fund varies from region to region, and it is recommended that each purchaser consult the local station or the building management station for details。
Iii. Under what circumstances does a home buyer have access to a home maintenance fund
The housing maintenance fund may be used for major and medium-sized repairs to the main building structure, public areas or public facilities, as well as for renovation work after the expiry of the maintenance period:
1. The main body of the house consists of the basic, internal and external pillars, pillars, beams, floors, roofs, etc.;
2 public space refers to the outdoor wall, lobby, stairwell, corridor, etc.;
3 public facilities equipment refers to houses and ancillary areas, up-and-out pipes and equipment, distribution cables and equipment, elevators, public lighting, fire-fighting facilities, green spaces, roads, ditches, non-operational garages, facilities for public use and common facilities, etc., jointly owned and used by owners。
