The purchase price has been negotiated. For the incidental costs you have so far applied a flat surcharge. Now a contract offer, details of the financing and a tax calculation are added, which apparently use different starting values. Your next task is a complete, comprehensible calculation of acquisition incidental costs.
Specify exactly which acquisition you are actually calculating
This article deals with preparing for an ordinary onerous direct purchase of real property in Austria outside a family concession. Different checks apply to agriculture, donation, inheritance or corporate acquisitions. Do not adopt the following guidance uncritically for those other transactions.
Our editorial recommendation: Record together the object of acquisition, the consideration, the parties involved and the intended financing route. For each cost item gather the actual calculation or a verifiable offer. A confirmed total loan amount is not yet a complete explanation of the acquisition incidental costs.
Determine tax base and tax rate separately
The BMF explains the consideration as the fundamental tax base and names, in addition to the purchase price, possible other performances, for example certain assumed debts or reserved uses. [STEUERBASIS] Therefore have the tax-relevant scope of the specific transaction determined. A heading Purchase price alone does not answer every allocation question.
For the onerous transfer of real property the BMF generally states 3,5 percent of the consideration, at least of the property value. Other types of acquisition have special rules. [STEUERSATZ] The correct percentage only helps you together with the confirmed basis. This article does not perform an individual determination of property value or tax assessment.
Only as an expressly simplified calculation aid: With a professionally confirmed relevant basis of 420.000 Euro and a correct rate of 3,5 percent the result would be 14.700 Euro. Without these two preconditions this is not a calculation of your tax. A self-chosen deduction for inventory will not be adopted without appropriate factual and legal examination.
Break down land register and financing by type of entry
The official incidental cost overview distinguishes, among other things, ownership entry and mortgage entry. [KOSTENARTEN] Please obtain for your case the type of entry, the respective relevant basis, the current rate or fixed amount and the actual due date. A loan amount and a proposed mortgage amount must not be equated without verification.
An asserted concession or exemption receives its own check item with legal basis and relevant data. As long as its applicability is open, the desired saving will not be deducted as certainly available. The existing land register fee guide deepens this single cost family; here only the amount confirmed for your acquisition is included.
Require comprehensible service offers
Our editorial recommendation: Record contract drafting, escrow, notarisation, brokerage and financing costs separately and examine the respective service offers. The official incidental cost overview names, among other things, contract drafting, notarisation, brokerage and loan processing. [KOSTENARTEN] The official purchase checklist additionally mentions handling via escrow and points out incidental costs. [TREUHANDKOSTEN] Which services you actually commission or owe must be checked in the specific contract. No automatic liability for costs or fee rates is derived from the checklist. The article asserts no automatic commission liability for any purchaser party.
For a fee offer ask which services are included, value added tax, disbursements of third parties and additionally chargeable processes. A favourable flat rate may cover a different scope than a comprehensive mandate. For each material item the recipient, calculation basis and timing should be identifiable.
Fictitious case: A total sum contains various open values
A buyer has provided sufficient funds for the price and initially estimated incidental costs as a lump sum. In the presentation he uses the disbursed loan for the mortgage entry and treats a fee offer without disbursements review as final. He omitted another item entirely because of a still unconfirmed exemption.
He has these three bases explained and replaces assumptions with the confirmed values. Only thereafter is the remaining sum compared with his actually available funds. The case asserts no particular market prices; it shows how incomplete starting values can produce a shortfall despite a neatly added calculation.
Carry forward open items until decided
Assign to each cost type a confirmed figure or a concretely open question. Payments that are only held in trust, amounts already paid and still expected invoices remain distinguishable. A later transfer must not be counted a second time as an additional requirement if it is already included in the same confirmed item.
Moving, furnishings and construction work you add as other personal uses of funds outside this acquisition incidental cost calculation. Compare your available liquidity with the required payment dates. This final connection serves the concrete acquisition cost decision and does not replace comprehensive individual financing advice.