MNS informs

On the specifics of paying property taxes in 2024

 Since August 1, 2024, tax authorities have begun issuing notices for the payment of transport tax, land tax, and real estate tax by individuals for 2023. The issuance of such notices will be carried out this year until October 1, 2024 (previously, notices were issued until September 1).

All taxpayers will receive them on paper in the form of postal mail. Those taxpayers who have access to the "Taxpayer's Personal Account" service and have agreed to receive notices electronically will receive an electronic notice in addition to the paper version.

The notice contains information about all taxable property objects belonging to the taxpayer and located within the territory of the Republic of Belarus. That is, in one notice, the taxpayer will see the calculation of each tax and the total amount payable for 2023.

Until 2024, individuals paid transport tax, real estate tax, and land tax separately for each tax and for each property object, depending on the location of such object. Since 2024, property taxes are payable as a single payment to one budget account at the place of registration (residence) of the individual. However, this does not mean that the entire amount must be paid at once after receiving the notice. As before, taxes can be paid in installments, but no later than November 15, 2024.

In 2024, property taxes are payable without the calculation of advance payments, as before. In this regard, we emphasize that there has been no significant (2-fold or more) increase in the tax amount, meaning that the amounts previously presented for payment in two installments (an advance payment of 50 percent and a subsequent payment of the same amount) are now calculated as a single payment for the entire 2023.

On average, the increase in property tax amounts for 2023 compared to the amounts calculated for 2022 was about 10 percent.

Another innovation

from 2024, it will affect individuals regarding land tax – this is an increase in the land tax rate by a factor of 3 for those individuals who have not carried out state registration of the creation of a residential building, a dacha on land plots provided to them for these purposes, within three years from the date of adoption of the relevant decision (if such a decision is not required - within three years from the date of state registration of the transfer of rights to such land plot).