How to Calculate the 2.0 Purchase Tax in 2021?
2 Answers
2.0 purchase tax calculation in 2021 is as follows: 1. Calculation formula: The domestic vehicle purchase tax is levied at 10% of the vehicle's selling price (excluding tax), and the VAT rate is 13%. Therefore, the 2021 2.0t vehicle purchase tax calculation formula is: Vehicle purchase tax payable = taxable vehicle's taxable price x tax rate. 2. Calculation based on the "total amount including tax" on the invoice: Purchase tax = total amount including tax ÷ 1.13 × 10%. 3. Calculation based on the "price excluding tax" on the invoice: Purchase tax = price excluding tax × 10%.
Last year, I bought a 2.0L car and calculated the purchase tax myself at the 4S dealership to budget the total cost. For example, if the car price is 150,000 yuan including tax, the purchase tax is calculated based on the ex-factory price after deducting the 13% VAT. The formula is the car price divided by 1.13 and then multiplied by 10%. For my 150,000 yuan car, the tax is roughly 150,000 divided by 1.13, which equals about 132,700 yuan, and then multiplied by 10% gives approximately 13,300 yuan. The rules haven’t changed in 2021—it’s still only tied to the price, not the engine displacement, so the calculation is the same whether it’s 2.0L or 3.0L. It’s best to simulate the calculation using a mobile app or online tool before buying a car, as it can save a lot of hassle—I made a mistake by not calculating in advance and ended up overspending. Remember, the purchase tax is a one-time payment that affects the total cost of the car. The engine displacement doesn’t impact the tax amount, but a 2.0L engine usually offers a moderate price point, making it quite suitable for family use.
