While the government has decided to raise the official price of apartments and apartments by more than 19% this year, property tax revenues are expected to increase by about 360 billion won.
The government’s explanation is that the property tax rate for one homeowner with a public price of 600 million won or less from this year will be lowered, resulting in a lower tax burden than last year.
Houses under 600 million won account for 92.1% of the total.
The government explains that the method of imposing comprehensive real estate tax is rather complicated, so it is not known how much more tax will be removed.
The following are questions and answers on the main contents related to the calculation of the published prices such as apartments this year.
![[Q&A]](https://i0.wp.com/img.hankyung.com/photo/202103/PYH2021031513570001300_P4.jpg?w=560&ssl=1)
– How much more will the ownership tax be lifted as the publicly announced price of apartment houses rises this year?
▲ The ownership tax consists of property tax and comprehensive real estate tax, and property tax is estimated to increase by about 360 billion won.
It is difficult to analyze the extent to which the tax is practically and exactly how much it will affect tax revenues, as the taxation tax is a tax on a person-by-person basis.
However, although the publicly announced price increase is large, high-priced homes have increased a lot in the last year and last year, and the rate of increase is reflected in the revenue budget, so there is no significant increase in the actual revenue budget.
– Is the public burden on the public due to the increase in the publicly available price?
▲ From this year, as the tax rate for one homeowner with a public price of 600 million won or less will be reduced by 0.05 percentage points, the property tax burden for the target person will be reduced rather than last year.
The proportion of houses with a public price of 600 million won or less amounts to 92.1%.
Even if the tax rate is not subject to a reduction, there is an upper limit on detailed charges, limiting the amount of increase compared to the previous year, so the effect of the increase in the published price is not reflected in the property tax.
– Despite the cut in the tax rate for one homeowner, the public price rose 19%, eventually increasing the property tax.
▲ Due to the introduction of a special tax rate, property tax is reduced by 22.2-50% for those with a public price of 600 million won or less. The lowering effect is greater than that.
– Isn’t the number of houses under 600 million won, which are subject to tax rate special, significantly decrease due to the soaring public price?
▲ The proportion of apartment houses under 600 million won decreased by about 3 percentage points, but apartment houses under the official price of 600 million won still account for the majority at 92.1%.
– In Seoul, the publicly announced price of most apartment houses exceeds 600 million won, so it is not possible to receive special tax rates.
▲ In Seoul, 70.6% of apartment houses amount to less than 600 million won.
Among the 2.58 million units subject to price disclosure, 1.82 million units with a disclosure price of 600 million won or less.
– Can the actual transaction price reported canceled in the market price survey for calculating the published price have an effect?
▲ The actual transaction price is referred to during the published price investigation, but transactions canceled after reporting the actual transaction are excluded from the reference materials so that there is no distortion of the investigation.
– In the actualization plan, it was said that the actualization rate will be increased by 3 percentage points per year, but this year, the reason for the increase by only 1.2 percentage points.
▲ For houses with a market price of less than 900 million won, which is 92.5% of the total multi-family housing, the average increase rate for three years is inevitably lower than 3 percentage points, as it is applied based on the interim target realization rate of 70% during the balance improvement period (2021-2023).
The realization rate of houses under 900 million won increased 0.63 percentage points.
– Is there a possibility that the burden of health insurance premiums for local subscribers taking into account the property value will increase sharply due to the soaring public price?
▲ Property insurance premiums of local subscribers reflect 60% of the published price, so the scale of reflection is reduced compared to fluctuations in market prices or published prices.
Since the system is calculated according to the property score grade (60 grade), even if the taxable amount is changed, if the property score grade remains the same, the property insurance premium is also maintained.
The government plans to expand property deductions when calculating property insurance premiums in order to ease the burden of insurance premiums for local health insurance subscribers arising from fluctuations in the published price.
We plan to add 5 million won for property deductions in November, when the published price this year is reflected.
The insurance premium burden of about 7.3 million households is reduced by about KRW 2,000 per month on average, which can sufficiently mitigate the effect of fluctuations in the published price.
From next July, the property deduction will be expanded to 50 million won through the reorganization of the second-stage imposition system for construction fees, which further lowers the burden of property insurance premiums for local subscribers.
– Couldn’t the cases of dropouts from health insurance dependents rapidly increase due to the fluctuations in the published price?
▲ If you have assets with a public price of 900 million won (property tax table 540 million won, market price about 1.3 billion won) and income of 10 million won or more, or a public price of 1.5 billion won (market price about 2 billion won), there will be a change in health insurance dependent qualifications. There may be.
If this year’s public price hike results in a change in dependent qualifications, it is expected to be about 0.1% of all dependents.
– Isn’t there a sharp drop in welfare recipients such as basic living benefits?
▲ Most of the real estate owned by welfare service recipients is low to mid- to medium-sized, and the impact of fluctuations in published prices is limited.
– Can the cases of not receiving basic pension and disability pension increase due to fluctuations in published prices?
▲ Since the basic pension or the disabled pension is paid to the lower 70% of income, the total size of recipients is maintained at 70% regardless of changes in the published price.
Some beneficiaries may be excluded due to an increase in the published price. However, as an income recognition amount that includes the lower 70% of income is applied, those who have not previously received benefits may be newly included in the beneficiaries.
/yunhap news