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Up to 25,000 euros: High fines for missing the property tax deadline

2022-12-29T09:44:32.926Z


Up to 25,000 euros: High fines for missing the property tax deadline Created: 12/29/2022 10:37 am By: Yannick Hanke You have until the end of January 2023 to submit your property tax return. Millions of explanations are still missing. Expensive penalties are threatened if the deadline is missed. Berlin – Attention consumers: The property tax return must be submitted by the beginning of the new


Up to 25,000 euros: High fines for missing the property tax deadline

Created: 12/29/2022 10:37 am

By: Yannick Hanke

You have until the end of January 2023 to submit your property tax return.

Millions of explanations are still missing.

Expensive penalties are threatened if the deadline is missed.

Berlin – Attention consumers: The property tax return must be submitted by the beginning of the new year.

This affects around 36 million people in Germany.

The reference date is January 31, 2023, and property or property owners are specifically affected.

The deadline should be adhered to as far as possible - otherwise there is a risk of high fines.

This is reported by kreiszeitung.de.

Don't let the property tax deadline pass - otherwise it will be expensive

There is nothing to shake about the property tax deadline.

The deadline mentioned at the beginning, January 31, 2023, is non-negotiable.

If you don't comply and either don't submit your property tax return at all or submit it too late, it can get really expensive for you.

If the property tax return with all the required documents is not submitted by the end of January 2023, a reminder can be expected from the tax office.

The submission deadline for the property tax return was extended nationwide from the end of October 2022 to the end of January 2023.

However, those who miss the deadline face high fines.

© Bernd Weißbrod/dpa

This also includes an estimate of the respective tax liability.

And with these estimates, the responsible tax office is entitled to include so-called security surcharges.

That could lead to significantly higher costs for taxpayers, according to Andreas Reymann, head of the tax office in Ilmenau (Thuringia), compared to

Focus Online

.

These surcharges would amount to 0.25 percent of the assessed tax for each month started, but at least 25 euros.

If the property tax return is submitted two months late, there is already a penalty of 50 euros.

Property tax 2022: The deadline for submitting the declaration is January 31, 2023 – after which there are severe penalties

With regard to the property tax return, in which there are a few things to consider, Thuringia's Finance Minister Heike Taubert (SPD) had already announced that an estimate of the new property tax liability by the offices would also involve more work for those affected than the proper submission of the Explanation.

And: "In any case, there is always mail from the tax office," says Taubert.

Caution: Taxpayers are not relieved of the basic obligation to submit a property tax return through an estimate by the authorities.

On the contrary: Anyone who permanently violates this obligation could be fined, for example.

Property tax return must be considered as a tax return - up to 25,000 euros fine if the deadline is missed

"Basically, it is a tax return," says Jürgen Lindauer, Director of Corporate Tax Services at the auditing and consulting firm KPMG, with

Focus Online

about the property tax return.

Therefore, according to the “Tax Code, sanctions could definitely be imposed”.

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However, those who were negligent would usually be reminded at least once more to fulfill their obligation to submit the property tax return on time.

"The responsible tax office can also impose surcharges for delays immediately," notes Lindauer.

In the worst case, there could be a fine of up to 25,000 euros.

The deadline for filing property tax returns has been extended by three months

A look at the federal states shows how many property tax returns are still missing.

And this despite the fact that the deadline for the deadline is January 31, 2023.

  • In Bavaria, around 30 percent of those affected had not yet submitted their property tax returns by mid-October 2022.

    The Free State had not reported any more recent values.

  • Only a good third of property owners in Mecklenburg-Western Pomerania had submitted the property tax return required by the Treasury.

  • At least half of the 1.3 million property tax returns that have to be submitted for the properties have so far reached the tax offices in Schleswig-Holstein.

  • According to information from the

    Berliner Morgenpost

    , the willingness to submit the property tax return would also be limited in Berlin.

    At the beginning of December 2022, only 40 percent of those affected complied.

  • A new property tax return was submitted for around every second property in Saxony-Anhalt by mid-November 2022.

Originally, the property tax returns were supposed to be submitted by October 31, 2022.

The deadline for this would be extended to January 31, 2023 throughout Germany.

The new property tax should be due from 2025.

Reform of the property tax: calculation should be based on new data from 2025

The reform of the property tax was decided over more than two years ago.

At that time, the Federal Constitutional Court (BVerfG) had called for a new regulation.

Because until now, tax offices have calculated the value of a property on the basis of completely outdated data.

This should end soon.

From 2025, a new calculation method will apply in the context of property tax.

However, the almost 36 million properties in Germany must first be revalued.

This is done on the basis of the property tax return - which is ideally submitted by January 31, 2023 at the latest.

Simply because of the otherwise threatening high fines.

Source: merkur

All news articles on 2022-12-29

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