Tomorrow, the exemption from tax on civil law transactions (PCC) will come into force in the case of purchasing the first apartment on the secondary market. Minister of Development and Technology Waldemar Buda points out that this means huge savings.
August 31 exemption from tax on civil law transactions (PCC) will come into force in the case of purchasing the first apartment or house. This will apply to the secondary market.
In what situation is tax exemption?
As announced by the Ministry of Finance, sales that are exempt from tax on civil law transactions will be the following: ownership right to a residential premises constituting a separate property, ownership right to a single-family residential building or cooperative ownership right to the premises relating to a residential premises or a single-family house.
Tax exemption will apply if the buyer is a natural person or natural persons, and none of them was entitled to the right to the apartment or house on the date of purchase and was not entitled to any of these rights or participation in these rights before that date.
The exception – as stated by the Ministry of Finance – applies to persons who, on the date of conclusion of the sales agreement, have or before that date had an interest in such rights, but it does not exceed or did not exceed 50%. and was acquired by inheritance. These people may benefit from exemption.
Buda: “Huge savings”
– We have introduced a reduction in the tax on civil law transactions for apartments on the secondary market. This is a huge saving, which is why many people refrained from buying an apartment and only looked for apartments on the primary market. Now it will also be a search on the secondary market because there will be big savings – said Waldemar Buda, Minister of Development and Technology, in “Sygnały Dzień” on Radio One.
What savings are we talking about? In the case of a flat worth 300,000 PLN PCC is 6 thousand. PLN, and the premises valued at PLN 500,000. – 10 thousand zloty.