<Anchor> This is a
friendly economic time. Today (the 22nd) will also be with reporter Kim Hye-min. It is said that the comprehensive real estate tax notice will be issued from today, but it seems that many people are interested. Comprehensive Real Estate Tax We talk a lot, but first, explain what kind of tax this is and who is levied on it.
<Reporter> The
comprehensive real estate tax has a strong character of a wealth tax in a nutshell.
Literally, the more expensive real estate people have, the more they bear the burden. In the early 2000s, when the price of real estate skyrocketed, it was first introduced to Korea in 2005 to curb speculation.
Every year, the standard to pay the property tax is slightly different. In the case of a house, if you add up the published price of the house you own and this exceeds 600 million won, you will have to pay the property tax from this point on.
There are exceptions to this, but if you own only one house, your purpose of living is great. These people have usually been charged higher by the government.
In the past, the official land price had to exceed 900 million won to pay the tax, but this year, single homeowners do not have to pay up to 1.1 billion won.
The tax bill will be sent from today, and you can check it on the online hometex, it has already been confirmed since yesterday, and you can also find it through the utility bill menu of the bank app.
<Anchor>
When the property tax was first introduced, it seems that interest was very high because it was a new tax, but looking back on my old memories. But recently, I think there has been more interest, especially this year and last year. Is it because the taxes are so high?
<Reporter> That's
right. First, real estate prices have risen significantly. There are several factors that determine the estate tax, and these have also risen all at once.
As you can see, the property tax is calculated by first subtracting 600 million won from the sum of the announced prices, then multiplying it by the fair market value ratio and the tax rate.
It has gone up a lot since the first published price. This year, the increase was over 19%, which is the highest in 14 years. The government has been pushing for a plan to raise this to 90% of the market price by 2030, saying that the published price has been too low.
Second, the fair market value ratio was included here to reduce the tax burden. Last year, it was 90%, but this year it rose to 95%.
However, it will be applied 100% next year, so it will be meaningless again at this time.
Lastly, the tax rate was also raised in most sections. So, people who are subject to the levy tax are already protesting, saying that they paid much more than last year.
<Anchor>
Yes. In particular, as real estate prices rose a lot, the published prices also went up, and as the ratio that reflects the announced prices increased, you had to pay more taxes. That's why the government has raised the standard for levying one homeowner this year. So how did the target decrease, how?
<Reporter>
No. However, the number of applicants increased compared to last year. Last year, there were 665,000 taxpayers. However, this year, if the original standard is used, the total number of people who are subject to tax payment is 854,000.
However, as the standard for one-homeowner payment was raised, it must have decreased a bit. It went down to 765,000, but that number is still an increase of 100,000 compared to last year's taxpayers I mentioned earlier.
In addition, it is estimated that the amount of property tax and housing alone will exceed 5.7 trillion won. Last year, it was 1.4 trillion won, a nearly four-fold increase compared to this.
When public opinion deteriorated like this, the government stepped in and showed an evolution. The first vice minister of the Ministry of Strategy and Finance also said, "There is an exaggerated concern, and this notice is not sent to about 98% of the people."
<Anchor> The
first vice minister's remarks were a bit controversial, but in the end, it is a tax that only a few rich people with a lot of wealth pay, is this correct or not?
<Reporter>
In fact, to some extent, that is true.
That's why there are people who say, "I wish I could pay a little bit of the estate tax."
In particular, single-family homeowners classified as real residents may receive more protection this time.
If you are over 60 years of age or have held your property for more than 5 years, you can deduct up to 80% of the tax.
The government needs to protect these end users more meticulously in the future.
Another risk is that homeowners, who are now liable to pay higher estate taxes, will pass the cost on to their tenants.
It is also urgent to prepare countermeasures for the low-income class who have not yet bought a house and are living on cheonsei or monthly rent.
As the election draws near, I will briefly talk about the promises made by the presidential candidates.
As for the slave tax, the candidates are making opposing promises.
Candidate Jae-myung Lee has said that he will create a stronger land tenure tax than the tax on property, while candidate Seok-yeol Yoon has insisted on a full review of the tax on property.