Bon j'ai demande aux gens de la boite - je vous poste la reponse..
The new tax regulation regarding VAT invoice on personal rental of real estate is effective in Shanghai since May 1st which is a localized regulation. Since we haven’t received any confirmation from tax manager, our finance colleague went to local QingPu tax authority to check new effective tax rate on personal rental.
- VAT rate is 1.5% (VAT = rental / (1+5%) *1.5%)
- “Rental / (1+5%)” is the new method to calculate the tax base (tax excluded amount) when switching business tax to VAT.
- If individual monthly rental income is less than RMB 30K, the VAT is exempted. If individual monthly rental income is more than RMB 30K, no VAT exemption is granted.
- Other combined tax rate (VAT excluded): 3.5% to cover property tax and individual tax.
Thus, in summary, the new effective tax rate is:
- Individual monthly rental income > RMB 30K, the tax rate is 5% (1.5% + 3.5%) based on tax excluded amount, equals to 4.76% on rental
- Individual monthly rental income < RMB 30K, the tax rate is 3.5% based on tax excluded amount, equals to 3.33% on rental.
Si on prend par exemple un loyer, taxes incluses de 30,000 RMB (juste pour prendre la limite, justement
Under previous tax regulation: landlord net income = RMB 30,000 – RMB 1,500 (5%) = RMB 28,500.
Under current tax regulation: landlord net income = RMB 30,000 – RMB 999 (3.33%) = RMB 29,001.
If it is flat in landlord’s net income before and after tax policy change, the new monthly rental should be decreased to RMB 29,482 (tax inclusive). Landlord net income = RMB 29,482 – RMB 982 = RMB 28500.
En gros, sur 30,000 RMB is devrait nous faire un rabais de 508 RMB... Soit 1.7%
Voili - voilou...