Understanding the Sharp Rise in Property Tax: Insights and Tips for Brussels Owners

2023-08-11 15:44:00

The owners received their warning-excerpt from the roll, notifying them of the amount of the property tax. This has risen sharply this year.

For the few 400,000 owners in Brussels, it’s the cold shower. Their warning-excerpt from the roll shows them a much higher sum than in other years for the property tax.

SEE ALSO | Property tax: towards differentiated taxation within the Brussels municipalities?

But why is the increase so high this year? First, each year the FPS Finances indexes the cadastral income for all taxpayers in the country. In general, this indexation is 1 to 2.5%. This year, it reaches more than 9% because of inflation.

Second, a municipal and regional tax is levied. In the current economic climate, to replenish the coffers, eight Brussels municipalities had to increase the additional centimes to the property tax.

■ Report by Bernard Denuit, Daniel Magnette and Laurence Paciarelli

1691807595
#property #tax #soared #Brussels #owners

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.