[뉴스토마토 조용훈 기자] Concerns are growing over the tax burden as the government announces that it will send out comprehensive real estate tax (special property tax) bills for this year.
According to the National Tax Service on the 21st, the government will send out comprehensive real estate tax payment notices and notices for this year on the 22nd. Accordingly, each household will receive a bill by mail around the next 24 to 25 days.
The property tax is levied on single-family homeowners whose official price exceeds KRW 1.1 billion, or multi-family dwellers whose combined published price exceeds KRW 600 million. Previously, in September, the government raised the tax base for property tax on single-family homeowners from 900 million won to 1.1 billion won. According to the Real Estate Special Committee of the Democratic Party of Korea, the number of people subject to the property tax this year is expected to increase by 100,000 from last year to about 765,000.
In particular, this year, concerns were raised early on as the soaring house price, the increase in the property tax rate, and the realization of the official price were intertwined. However, it was found that the actual tax burden on the actual buyers of one-family houses did not increase significantly.
In this regard, 1st Vice Minister of Strategy and Finance Lee Won Lee also explained on the 22nd that “98% of the people have nothing to do with the property tax. .
real <뉴스토마토>Based on the comprehensive real estate tax calculator provided by KB Kookmin Bank, as a result of calculating the property tax of Mr. A, who owns a 112m² (34 pyeong, 15-floor 3 complex) apartment in Bangi-dong, Songpa-gu, Seoul, Mr. The property tax to be paid was 1.28 million won (based on the published price of 14.12 billion won), only 330,000 won more than last year’s 950,000 won (based on 1.236 billion won). This is based on the standard of a single household per household, and if tax credits for the elderly (68 years old) and long-term possession (13 years) are applied to this, the property tax that Mr. A has to pay will be lowered to 380,000 won.
According to the current tax law, tax credits are provided, such as 20% for those aged 60 and over and under 65, 30% for those over 65 and under 70, and 40% for those over 70, depending on age. As a result, 20% of holding period of 5 to less than 10 years, 40% of holding period of 10 to less than 15 years, and 50% of holding period of 15 years or more are deducted as long-term holding tax credits. In the end, even if you own a high-priced house with a published price of more than KRW 1.1 billion, you will receive a tax deduction of KRW 1.1 billion and a tax credit of up to 80% for long-term ownership and seniority on the excess.
If the apartment is owned by the couple in the joint name of Mr. A, the deduction of up to KRW 1.2 billion, each of 600 million won, will be deducted, and the tax on the property tax levied this year is around 350,000 won. However, co-owners are not eligible for tax credit for senior citizens and long-term holdings.
Meanwhile, the recent market price of the apartment is in the range of 2.5 billion won to 2.6 billion won, up 900 million won from 1.6 billion won to 1.7 billion won on June 1, last year’s tax base date.
Sejong = Correspondent Jo Yong-hoon joyonghun@etomato.com
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