Hsinchu Mayor Gao Hongan reminds: Apply for land price tax discount for self-occupied residential land before September 22, and the tax burden will be at least 4 times different.

Countdown to the critical day! If you apply for self-use residential land before September 22, the land price and tax burden will be at least 4 times the difference. (Photo provided by the city government)

This year's land price tax will be levied in November. Hsinchu Mayor Gao Hong'an reminded that the preferential land price tax rate for self-use residential land is 2‰, which is at least 4 times the tax burden compared to the general land tax rate of 10‰ to 55‰. Land owners who meet the requirements for self-use residential land must apply before September 22, so that the preferential tax rate can be applied in that year; those who apply after the deadline will have to wait until next year to apply.

Gao Hong'an said that the applicable land price tax rate is closely related to people's pockets. He reminded those who meet the three requirements and two restrictions for the preferential tax rate for self-occupied residential land to make sure to complete the application before September 22. If you miss the deadline, you will have to wait another year.

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Gao Hong'an said that the preferential land tax rate of 2‰ for self-use residential land must meet three requirements, including that the land owner or his spouse or immediate family members have completed household registration in the area, there is no lease or business use, and the building improvements on the land belong to the land owner or his spouse or immediate family members. In addition, two restrictions must be met, namely, the urban land area does not exceed 300 square meters (approximately 90.75 pings), the non-urban land area does not exceed 700 square meters (approximately 211.75 pings), and the land owner, his spouse and minor dependent relatives are limited to one location.

The preferential tax rate for self-use residential land is limited to the applicable area and one site. If people own multiple eligible self-use residential land, they can properly plan the application sequence according to the actual situation. If the land owner, his spouse and minor dependent relatives can only choose one location for the preferential tax rate, they can choose the property with the “highest total land value” to apply for the best tax savings. As for other houses registered by adult immediate family members and meeting other self-occupied residential land requirements, they are not subject to the one-site restriction.

People who meet the conditions for self-use residential land tax rates can apply online on the tax bureau website, or by mail, fax, or at a counter. If the application has been approved and the purpose has not changed, and the reasons or facts for exemption have not been eliminated, there is no need to apply again in subsequent years. In addition, when land owners apply for changes in household registration information at the household registration office, they can also apply for "applying for the preferential land price tax rate for self-use residential land based on their household registration place" at the same time, which is fast and convenient without having to run around.