50% of the tax cap?… But why does it double

[이데일리 황현규 기자] For the 84m2 apartment with an exclusive area of ​​Jamsil Jugong 5, Jamsil-dong, Songpa-gu, Seoul, the publicly announced price will jump 200 million won this year, and the comprehensive real estate tax (deposit tax) is expected to double. The official price, which was 1.65 billion won last year, was 1.85 billion won this year. Under the assumption that the homeowner is one homeowner, the tax burden from 2.946,000 won this year will increase to 491,2530 won this year. The final tax is a tax levied on holders of houses with a public announcement exceeding 900 million won (per house owner).

An apartment in downtown Seoul on the afternoon of the 28th. (Photo = courtesy of Yonhap News)

The number of apartments exceeding 900 million won this year has increased significantly due to the increase in public prices. In particular, with the official price increase in Seoul approaching 20% ​​at 19.9%, there are also complexes that double the amount of the tax increase this year. In some complexes, there are cases where the taxation tax has doubled. Usually, there are many people who know that the tax for one house owner should not exceed 150% of the previous year.

For example, in the case of 84㎡ dedicated to Jamsil Jugong Complex 5, last year’s tax was 2.49 million won and property tax was 3.33 million won, with a total ownership tax of about 5.82 million won (excluding special tax for rural areas and local education tax). If 50% of the tax cap is applied, it should not exceed 3735,000 won. However, the apartment tax is expected to jump to 4.91 million won this year.

The reason is that the upper limit of the possession tax (property tax + cultivar tax) is 150%, not the cult tax. There are surprisingly many people who confuse this. According to the National Tax Service on the 18th, in the case of one house for one household, the’upper limit rate’ is applied so that the housing ownership tax exceeding 900 million won does not rise by more than 50% compared to the previous year. This means that the total amount, including property tax and tax tax, can only be levied up to 50% of the previous year’s tax.

As a result of the simulation conducted by Woo Byeong-tak, manager of Shinhan Bank’s Real Estate Investment Advisory Center, the property tax for the apartment this year is 3.8 million won, and the jong tax is 4.91 million won, and the ownership tax is 8.71 million won. It does not exceed 50% of the upper limit of last year’s ownership tax (5.81 million won).

Byeong-tak Woo, manager of the Real Estate Investment Advisory Center, said, “The most likely part of the taxpayer’s misunderstanding is the 50% upper limit, but I think that the tax in general does not exceed 50% in the previous year. It could increase by more than 50%.”

On the other hand, looking at the publicly announced prices of apartment houses this year, about 420,000 households in Seoul became expensive houses subject to taxation. This accounts for about 15% of the 2.58 million apartment houses in Seoul. In particular, this year’s tax targets increased significantly due to rising house prices and reflecting the actualization rate. This is a 49% increase compared to the 28,842 households subject to the final tax tax last year.