Online payment convenience for property tax.
Property tax payments for the first installment of 2020 have begun. Millions of property owners with homes and businesses within Turkey's borders have started paying their property taxes. Online payment options have been introduced for taxpayers.
Property tax, collected annually from immovable properties such as land, buildings, and plots, will be paid this year by those who have not sold their real estate and those who purchased real estate last year. The first installment payments for 2020 began in May and will end on Sunday, May 31st. To avoid any inconvenience, we advise taxpayers not to leave their payments until the last day. Taxpayers who miss the deadline will be subject to penalties. A late payment penalty of 2% will be applied for each month. Individuals who declare no income, those receiving only a monthly pension from social security institutions, veterans, disabled individuals, and widows and orphans of martyrs will be exempt from property tax payments for homes not exceeding 200 square meters gross area.
Who will pay the property tax?
The building tax will be paid by the owner of the building, the usufructuary if any, or, if neither exists, by those who dispose of the building as if they were the owner. In cases of co-ownership of a building, the owners are considered liable for the tax in proportion to their shares. In joint ownership, the owners are held jointly and severally liable for the tax.
Who is exempt from property tax?
– Having no income,
– Retirees who have no income other than their monthly pension from social security institutions,
– Veterans,
– People with disabilities,
– Martyrs,
– Widows and orphans
– Unemployed individuals are exempt from property tax.
Property tax calculation?
Property values are reassessed every four years by appraisal commissions. The values determined in 2017 will be valid until 2021. In the intervening years, a reassessment rate is added to the determined figure. This year's reassessment rate has been set at 22.58 percent. Accordingly, the property tax value will be calculated by increasing it by half of the reassessment rate (23.73 percent/2), which is 11.29 percent. Property tax payments can now be made online.
You can complete your property tax payment by logging in through the e-government system.
