In September 2024, the property tax risks being steep for some French people. And one thing is already certain, the 32 million owners subject to property tax will suffer an increase of 3.9%. The increases decided by their local authorities do not matter. This increase, already achieved for everyone, corresponds to the revaluation of rental bases. It is indexed to inflation, or more precisely, to the harmonized consumer price index (HICP) published each year in November of the previous year. That of 2023 is, however, half as important as the ICPH of 2022 having increased the property tax by 7.1%, before possibly local increases.
To discover
The 5 new features of the 2024 tax return
As a reminder, in 2023, around 15% of municipalities had increased their rate in order to increase their budget. Thus, according to the National Union of Real Estate Owners (UNPI), the property tax increased by an average of 9.3% between 2022 and 2023 in the 200 largest cities in France. An increase twice as high as the previous year and 7 times higher than the increase measured between 2020 and 2021! Among the most spectacular, we remember Paris and its 44% increase, including a 62% increase in the property tax on built properties (TFPB). What will it be in 2024?
A deadline of April 15, 2024
Municipalities and intermunicipalities have until Monday April 15 to vote for an increase in property tax.
Strong increases already voted or announced for 2024
Many cities that have decided to freeze taxes for years will have to ask their citizens for an effort. And the first large cities have decided to increase their taxes. Thus, in the Rhône, the municipality of
Villeurbanne
has already voted, at the end of December, for a 10% increase in property tax for 2024. Likewise,
Nancy
residents will experience a 14.5% increase in property tax. It is caused by a double increase, first in the metropolis of Greater Nancy and in city taxes, voted on Monday March 25.
“If you pay a tax of 500 euros in 2023, that of 2024 will be 575 euros, so a little more than 6 euros per month
,” explained Mathieu Klein, the mayor of Nancy, at the microphone of France Bleu Sud Lorraine. We can also cite
Annecy
(Haute-Savoie) and its property tax which will increase by 14 points. Same thing in
Nice
(Alpes-Maritimes) also, the property tax on built properties increases from 29% in 2023 to 35%. The increase is of the same order for second homes (from 21% to 25%). Finally, the tax on undeveloped properties increases from 32% to 38%). According to the municipality, this increase represents on average an additional cost of 12 euros per month per Nice taxpayer. This is also the case in Montreuil (Seine-Saint-Denis). The city's elected officials voted, for the second time in two years, to increase the property tax. In 2024, it will be increased by 5%. Other cities still have a few days to decide whether or not to increase their property taxes.