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According to calculations by the Taxpayers Association, property owners in Lower Saxony are likely to pay more this year. property tax The Hanover Association announced that more than 200 of the state’s approximately 940 cities increased their property tax Class B rates this year. As a result, the average increase was higher than in previous years.
The property tax rate B assessment applies to both private and commercial properties. Cities and municipalities use this rate to determine the amount of property tax. According to the National Bureau of Statistics, this figure has been rising over the years. Taxpayers Association The tight financial situation of cities in Lower Saxony is believed to be the main reason for the growth.
New computing from 2025
The association doubts that many municipalities will raise property taxes this year in order not to jeopardize the revenue neutrality they hope for next year. From January, a new calculation procedure will be applied. This is necessary because the properties were previously valued according to principles from decades ago. Overall, property tax revenues will not increase as a result of the reform. Whether the amount due in the future will be more or less will vary from property owner to property owner.
Property taxes are levied on property owners. However, the claim can be passed on to any tenant or renter. Property taxes are one of the most important sources of revenue for municipalities.
© dpa-infocom, dpa:240801-930-191281/1
According to calculations by the Taxpayers Association, property owners in Lower Saxony are likely to pay more this year. property tax The Hanover Association announced that more than 200 of the state’s approximately 940 cities increased their property tax Class B rates this year. As a result, the average increase was higher than in previous years.
The property tax rate B assessment applies to both private and commercial properties. Cities and municipalities use this rate to determine the amount of property tax. According to the National Bureau of Statistics, this figure has been rising over the years. Taxpayers Association The tight financial situation of cities in Lower Saxony is believed to be the main reason for the growth.
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