Mainz City Council does not increase in property tax - citizens breathe up!
Mainz City Council does not increase in property tax - citizens breathe up!
The financial situation in Mainz remains tense after the city council recently passed the budget for the next year. An originally planned increase in property tax B to 600 percent, which the city should bring in an additional 20 million euros annually, was initially discontinued. The current rate of 480 percent remains, also due to the strong criticism, including the Mayor Nino Haase, such as BYC News . This decision shows the challenges in front of which the city is facing its budget deficits. Against this background, the administration will now check a possible reform of the property tax to understand the effects on the citizens.
property tax reform causes unrest
At the same time, a large reform of property tax is imminent, which applies from January 1, 2025 and brings existing uncertainties for both tenants and the owner. Many owners already had to accept massive increases in their property tax notices. In some cases, the values rose to absurd heights, as the case of a property owner in Saxony shows, whose property was rated almost 852,000 euros, while he had only paid 33,000 euros. This could lead to a drastic increase in property tax to over 2,500 euros annually, which is more than 60 times the previous sum, so Tagesschau .
The changes in the lifting rates vary greatly between the cities: While Berlin apparently is planning a reduction, the sentences in other cities double, which could lead to increasing rental prices, since landlords can change the additional costs to the tenants. According to Haus und Grund Germany, it is already foreseeable that millions of people will have to expect higher housing costs in the future, since the tax reform will affect numerous households.
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Ort | Mainz, Deutschland |
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