Guangzhou adjusts the house purchase policy, and adjusts the exemption of personal sales housing value -added tax from five years to two years.

According to the Guangzhou Municipal Government website on Wednesday (September 20), Guangzhou issued a notice of optimizing the stable and healthy development policy of the real estate market., Zengcheng and other districts, personal sales housing value -added tax exemptions have been adjusted from five years to two years.

The Finance News Agency reports that adjusting the annual number of value -added tax exemption is conducive to reducing the cost of second -hand housing transactions and promoting the restoration of the stock market to accelerate the recovery and development.

According to the notice, in Yuexiu, Haizhu, Liwan, Tianhe, Baiyun (excluding Jiang Gao Town, Taihe Town, Renhe Town, Zhongluo Town), Nansha and other districts to purchase housing in GuangzhouFamily residents 'family restrictions on two houses; non -Guangzhou households' families can provide proof of personal income tax payment or social insurance certificates in Guangzhou two years before the date of the purchase of house purchases.

The Guangzhou Housing and Urban Construction Bureau said that at present, the supply volume of Guangzhou's peripheral areas is large and the destocking cycle is relatively long, reducing the restrictions on house purchase is conducive to improving transaction activity in the peripheral area and further stabilizing the market operation.