City Council of Ludwigshafen decides on property tax increases - what now?

City Council of Ludwigshafen decides on property tax increases - what now?

A dramatic decision for the citizens of Ludwigshafen: The city council adopted the increase in property tax B on Monday with an overwhelming majority in order to close the financial bottleneck of almost 60 million euros in the urban budget. This measure comes while the city is planning to sue the country in order to maintain additional financial resources. The exact effects on real estate owners are still unclear, but the harbing of financial pressure are already noticeable, such as the Rheinpfalz reported.

tax increases and examples of property tax values ​​

From 2025, the residents of Ludwigshafen will be faced with increasing basic taxes. For example, the property tax for a typical condominium with 53 square meters and built in 1952 will increase to 131.58 euros. This is based on a property tax value of 78,600 euros with a rate of 540 %. Owners of single -family houses and two -family houses must also expect similar increases. The property tax for a single-family house could increase to EUR 281.73, while in the future 266.50 euros could be due, the calculation of Hebesatz.grundstein

The city administration is responsible for these new tax notices and the values ​​are the responsibility of the Ludwigshafen tax office. Real estate owners should prepare for the upcoming changes, since the decision of the city council immediately becomes effective from the next year of budget and the citizens will soon feel the financial consequences.