2024-12-20 11:00:09
Finance
Real Estate

Uncertainty Surrounds Property Tax Changes for 2025

Homeowners face uncertainty regarding property tax rates for 2025 due to delays in transmitting property values from tax offices. Municipalities rely on these values to calculate new multipliers essential for property tax assessments.

While Saxony offers projections for these multipliers, other regions remain uninformed. Starting in 2025, municipalities will no longer have the legal authority to impose property taxes under the old model.

Experts recommend postponing payments until new notices are received to avoid complications. The city of Leipzig advises residents to wait for official communication before making any payments.

As the tax reform looms, there are concerns about potential winners and losers due to the re-evaluation of properties, with some homeowners anticipating significant increases in their tax burdens. Despite these changes, a consensus suggests that total revenue from property taxes should remain consistent with previous years.

mdr
20. Dezember 2024 um 04:00

Homeowners Still Don't Know How High Their Property Tax Will Be in 2025

Finance
Politics
Municipalities cannot yet send out new property tax notices because the tax offices are late in transmitting the property values. Only with these values can the municipalities calculate their new tax rates, which are crucial for the property tax. The tax burden is intended to be distributed more fairly through the reform, there will be winners and losers.
rp_online
20. Dezember 2024 um 04:15

"This is an outrage": When property tax increases eightfold

In Düsseldorf, too, owners of residential properties will have to pay significantly more in some cases due to the reform at the federal level, as example cases show. Haus und Grund is taking legal action with an affected person. The city has reacted with regard to the assessment rates.
mdr
20. Dezember 2024 um 07:27

Property Tax 2025: Experts Advise to Suspend Payments until Notice Arrives

Finance
Politics
Property tax reform 2025: Many municipalities have not yet been able to send out new notices, as tax offices have been late in transmitting property values. The municipalities themselves set the assessment rates in order to maintain total revenue. Experts warn of winners and losers due to the revaluation.
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