You buy a house all knowProvident fund loansLow interest rate loans, buy a house is the best way of loan, but you knowAccumulation fundThe interest on the loan can also be personal income tax relief? I think most people are not very clear, here we will introduce how to use provident fund loans interest relief your personal income tax.

This good and benefit measures not the country can handle, at present only the Tianjin city workers can enjoy this policy, sincerely hope that the other city also can promote this policy.

The "notice" Tianjin Municipal Local Taxation Bureau on individual payment issues related to housing provident fund loan interest shall be exempted from individual income tax as early as 1999, Tianjin, notice requirements of local tax bureau, the , pay a personal housing accumulation fund loan interest can be from the monthly personal income from wages and salaries, the deduction of taxable income, be exempt from personal income tax personal care; but the payment of housing provident fund principal and other forms of live housing loans (such as mortgage loan principal and interest shall be) deduction from taxable income, according to the provisions of the collection of individual income tax.

Second, the accounting department on a monthly deduction of individual income tax, housing provident fund loans to buy a house for the people, shall request the Tianjin city in JanuaryConstruction BankThe District branch of the Tianjin city workers individual housing loan repayment inquiry "original cash receipt chapter", as the personal income tax credit vouchers, accounting department should be in accordance with the relevant provisions of the safekeeping of the document, and in the monthly tax declaration attached the photocopy of the certificate. The Local Taxation Bureau should strictly review the documents, in accordance with the provisions of the collection of individual income tax.

In actual operation, Tianjin city residents purchase loans can choose to mortgage loans, the loan portfolio and so on, so many of the public provident fund loans to banks that monthly repayment vouchers printing trouble, now the city people carry identity cards and loan account, monthly loan bank to print a copy of the stamp. "Personal housing accumulation fund loan repayment book", will the original to the unit's financial sector. Also in the year 1 month, provident fund loans to purchase the employees, provide January workers individual housing loan repayment to the Finance Department of the company, and the personal loan repayment schedule, the above materials byChina Construction BankThe District branch of the office stamp, then the company financial department as a certificate, in the monthly deduction of individual income tax deduction.

What need reminds is, only provident fund loan interest, rather than for the month part can be used as a deduction of individual income tax, and the provident fund portfolio of commercial loans and commercial mortgage interest shall be deducted from the taxable income amount shall be in. At the same time, if both husband and wife choose provident fund loans, so only the main lenders can enjoy the preferential.