Finance Minister extends real estate tax deadline
The Ministry of Finance has extended the deadline for submitting property tax declarations until the end of next September, in order to enable citizens to benefit from the facilities. These facilities include a 25% discount on residential units and a 10% discount on non-residential units, along with an additional 5% discount for early payment, with amounts ranging from 200 to 1,000 pounds depending on the type of unit. It was also announced that penalties for late payment will be waived if the principal tax is paid by October 2. Furthermore, properties owned by families with units valued below 8 million pounds will be exempted from a housing fee, and exemption requests can be submitted electronically. For the first time, tax declarations will be accepted from a single unit for owners of multiple units, and electronic receipts can be used as proof, all aimed at simplifying procedures and reducing burdens on citizens.
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