We have entered a critical period in property tax payments, which are closely related to residences, workplaces and land owners. This year’s first installment payment period of the property tax, which real estate owners are obliged to pay regularly every year, is coming to an end. Accordingly, title holders must pay property taxes by June 1. A 3.7 percent late payment interest will be added to the debts of those who do not pay by this date.
3.7 percent late payment interest will be reflected on the debts of citizens who do not make payments by June 1 each month. While the second installment payments are expected to start in November, interest will continue to accrue on the debts every month until this date. PEOPLE EXEMPT FROM PROPERTY TAX Experts stated that the interest burden automatically increases based on the revaluation rate announced every year, and that the debts of citizens who do not pay property taxes will increase with each passing month.
For this reason, experts emphasized that payments should not be left to the last day and also listed the people who are exempt from property taxes. According to the information obtained, retirees who have only one residence in the country are exempt from property taxes. In addition, retirees who rent out their only home and live as tenants in another house can also benefit from this exemption. PAYMENTS CAN BE MADE THROUGH E-GOVERNMENT.
In addition, citizens who have paid property taxes in the past because they were not aware of this right can apply to receive a retroactive tax refund. Citizens who want to pay property taxes can carry out their transactions through the e-Government system, through municipalities’ virtual POS services or by using banks’ mobile applications.
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