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The property tax has jumped in France

The property tax has increased by 11,71% between 2012 and 2017 and truly flamed in some cities this year. An increase in cache another. After the increase in t

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The property tax has jumped in France

The property tax has increased by 11,71% between 2012 and 2017 and truly flamed in some cities this year.

An increase in cache another. After the increase in the property tax, some homeowners have seen their property tax climb. It has increased by an average of 11,71% between 2012 and 2017. It is five times more than the inflation rate, and eight times more than the increase in rents, has revealed the UNPI (national Union of real estate owners) during the 12th edition of the Observatory of land taxes on built properties.

READ ALSO >> How to challenge the calculation of your property tax and your property tax?

The property tax is calculated from the rental value castrale of the property, to which are applied the tax rates voted mainly by the municipalities. In 2018, more than 13,000 of them have been increased, by having the hand more or less heavy.

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An increase of around 20% in some cities and towns

The largest increases are recorded in Nice with (of 19.32%), and Villeurbanne to (10,90%), followed by Limoges (4,23%), Mulhouse (To 4.02%), Vitry-sur Seine (3,58%), Rennes (3,37%), and Perpignan (3,15%). It has, however, declined to Tourcoing (- 2,87%) and Roubaix (-2,95%).

AND ALSO >> The land tax has jumped... and it will continue to climb

The increase is due to the increase in rental values (+ 5,10% in 5 years), but also to the disappearance of the housing tax, which creates a shortage in the coffers of local communities.

while some local authorities have found it necessary to increase the property tax to offset the decrease in the property tax, other, benefiting from business areas, the most important, such as the Ile de France (la défense) have not had to use these offsets with the revenue from these multiple sources of income.

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The Senate voted for the removal of the housing tax, but in a longer period to Remove the property tax for 80% of households by 2020, 100% in 2023 property Tax : the wrath of the departments

"The mayors are catching up on other small local taxes, the tax Gemapi on the flood, the fee of equipment, the housing tax on vacant premises, the property tax on second homes...", stresses Pierre Hotuz, director of the UNPI. He denounces "the multiplication of the additional taxes under rates seemingly low rates, accumulated end-to-end, are likely to significantly increase the property tax."

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