Last minute … Determination of the tax on real estate and motor vehicles



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With the General Communiqué of the Tax Procedure Law of the Ministry of Finance and Administration of Financial Income published in the Official Gazette, the figures for property and automobile tax were published.

An increase of 9.11 percent for motor vehicle tax and 4.55 percent for property tax will apply.

PAID TWICE A YEAR

Property tax payments are paid in two installments each year. The first installment payments are made in May, while the second installment payments are made at the end of November.

If the buyer bought the house in 2020, they must pay taxes in 2021, and for houses sold in 2021, this is the responsibility of the seller.

WHO IS EXEMPTED?

There is also an exemption from real estate tax. Here are those who are exempt from property tax;

Those who declare no income,

Only those who receive pensions from social security institutions,

Veterans, the disabled, martyred widows and orphans are exempt from paying property tax on their homes, provided they do not exceed 200 gross square meters.

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WHERE IS THE PROPERTY TAX REQUESTED?

Citizens who want to learn about real estate taxes can consult about real estate taxes in the municipalities, through the electronic government system and the Internet Tax Office, which is served by the Revenue Administration. https://www.turkiye.gov.tr/gib-vergi-borcu-sorg you can check your property taxes through the website. Payments can also be made from banks.

WHAT WILL MTV 2021 PAY HOW?

In 2021, the lowest MTV was determined as TL 109 and the highest MTV was determined as TL 50,107. Here are the annual vehicle tax amounts based on the volume, value, and age of the car’s engine cylinder:

Breaking ... 2021 Real Estate and Motor Vehicle Taxes Announced

HOW IS MTV PAID?

MTV can inquire about debts and payment transactions through gib.gov.tr ​​and the E-Devlet system with TR identity information. At the same time, payment of the debt of gib.gov.tr ​​can be made by debit or credit card.

PAID TWICE A YEAR

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The motor vehicle tax, which vehicle owners are required to pay each year, is paid twice a year, in January and July. Vehicle owners who made their first deposit in January must make their second MTV payment between July 1 and July 31.

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