[et_pb_section fb_built=”1″ _builder_version=”4.16″ global_colors_info=”{}”][et_pb_row _builder_version=”4.16″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”][et_pb_column type=”4_4″ _builder_version=”4.16″ custom_padding=”|||” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.27.5″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”]<\/p>\n
Are you a property owner or a future property owner? If so, you will need to pay <\/span>property tax<\/b> on your property. But what exactly is it? And how do you calculate the amount? EASY Estate<\/a>, your family-run real estate agency in the province of Li\u00e8ge, explains everything you need to know about property tax.<\/span><\/p>\n Property tax is an <\/span>annual regional tax on taxable real estate<\/b>. It applies to built and <\/span>unbuilt<\/b> properties, as well as the <\/span>equipment<\/b> and <\/span>tools<\/b> used by an industrial, commercial, or craft business.<\/span><\/p>\n This tax must be paid every year by the <\/span>holder of a real right over the property on 1 January<\/b>, meaning the owner, possessor, long-lease holder, building-right holder, or usufructuary of the property<\/a>. However, if you’re having a property built, you’ll need to pay property tax <\/span>from 1 January of the year following your move<\/b> into the building.<\/span><\/p>\n In practical terms, how much do you have to pay for your taxable property? It’s calculated based on the property’s <\/span>cadastral income<\/b>, multiplied by an overall rate made up of the <\/span>regional tax rate<\/b>, provincial surcharges, and <\/span>municipal<\/b> surcharges.<\/span><\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.5″ text_text_color=”#FFFFFF” background_color=”#9b8975″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” custom_margin=”30px||30px||false|false” custom_padding=”20px||20px||false|false” border_radii=”on|10px|10px|10px|10px” global_colors_info=”{}”]<\/p>\n Property tax = indexed cadastral income x overall rate<\/span><\/p>\n Overall rate = regional tax rate + provincial rate + municipal rate<\/span><\/p>\n [\/et_pb_text][et_pb_text _builder_version=”4.27.5″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” global_colors_info=”{}”]<\/p>\n The <\/span>indexed cadastral income (RC)<\/b> is the basis of property tax. It’s set by the FPS Finance (Federal Public Service Finance). This amount corresponds to the <\/span>average net income<\/b> the property could generate over one year at the reference date. In other words, it’s what your property could earn you in a year of rental.<\/span><\/p>\n It’s determined based on the building (for example, the number of bathrooms, the surface area, etc.) and the <\/span>normal rent charged for comparable properties<\/b> in the neighbourhood.<\/span><\/p>\n Each region sets its own regional tax rate for property tax. The proceeds of this tax rate go to the region. In Wallonia and Brussels, it stands at <\/span>1.25%<\/b> for all properties in 2024. In Flanders, it stands at <\/span>3.97%<\/b>.<\/span><\/p>\n The municipal and provincial rates correspond to surcharge centimes on property tax that municipalities and provinces levy. They are voted on <\/span>every year<\/b>. They can therefore vary from one year to the next and from one municipality or province to another. Nevertheless, there are <\/span>recommendations<\/b> regarding maximum rates.<\/span><\/p>\n In Wallonia in 2024, for example, the recommended maximum municipal surcharge rate is <\/span>2,600 centimes<\/b>. In the province of Li\u00e8ge, provincial rates stand at <\/span>1,750 centimes<\/b>.<\/span><\/p>\n [\/et_pb_text][et_pb_image src=”https:\/\/www.easy-estate.be\/wp-content\/uploads\/2024\/07\/EASY-Estate-precompte-immobilier.jpg” alt=”Homme en train de calculer son pr\u00e9compte immobilier sur une calculette” title_text=”EASY-Estate-precompte-immobilier” align=”center” _builder_version=”4.25.1″ _module_preset=”default” width=”80%” max_width=”100%” custom_margin=”30px||30px||false|false” global_colors_info=”{}”][\/et_pb_image][et_pb_text _builder_version=”4.27.5″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n In certain cases, you may be entitled to a <\/span>reduction in property tax<\/b>. In Wallonia, this applies to modest homes, household dependents, and people with disabilities or severely disabled war veterans.<\/span><\/p>\n To benefit from a property tax reduction as a <\/span>modest home<\/b>, you must meet several conditions. The property must be your <\/span>only<\/b> home and you must <\/span>occupy it personally<\/b>. In addition, the sum of the non-indexed cadastral income of this property and the cadastral income of all your other properties in Belgium must <\/span>not exceed \u20ac745<\/b>.<\/span><\/p>\n In this case, you benefit from a <\/span>25% reduction<\/b> on property tax, and <\/span>50%<\/b> for the <\/span>first 5 years<\/b> for a new home or new build.<\/span><\/p>\n You’re entitled to a reduction for “<\/span>household dependents<\/b>” if you have <\/span>at least two children<\/b> in your care, a <\/span>person with a disability<\/b> (with a disability of at least 66% recognised before age 65, or with a minimum of 4 points in the first category for children), or <\/span>another dependent<\/b> with a family relationship (with yourself, your spouse, or your legal or de facto cohabiting partner).<\/span><\/p>\n The property tax reduction applies <\/span>per dependent<\/b>. For example, you receive \u20ac125 per dependent child (minimum 2 children).<\/span><\/p>\n Finally, you can benefit from a reduction if you’re recognised as a severely disabled war veteran or a person with a disability (with a disability of at least 66% recognised before age 65). Here too, the reduction applies <\/span>per person<\/b>.<\/span><\/p>\n You must pay your property tax <\/span>every year.<\/b> The advantage is that you have <\/span>nothing to do<\/b>! In Wallonia, the SPW Finances will automatically send you a <\/span>tax assessment notice<\/b> during the <\/span>second half of the year<\/b>. This document will show the amount due as well as the <\/span>payment deadline<\/b>.<\/span><\/p>\n Careful: if you’re entitled to a reduction, you must apply for it via a <\/span>form on Wallonia’s official website<\/b>. You can fill it in from January of the tax year onwards.<\/span><\/p>\n Are you looking for a <\/span>property in the province of Li\u00e8ge<\/b><\/a> and have questions about property tax? <\/span>EASY Estate<\/b><\/a>‘s real estate agents will be happy to support you in your search, advise<\/a> you, and answer your questions.<\/span><\/p>\n [\/et_pb_text][et_pb_button button_url=”@ET-DC@eyJkeW5hbWljIjp0cnVlLCJjb250ZW50IjoicG9zdF9saW5rX3VybF9wYWdlIiwic2V0dGluZ3MiOnsicG9zdF9pZCI6IjEwNTM0In19@” button_text=”Contact our real estate agents” button_alignment=”center” admin_label=”Bouton” _builder_version=”4.27.5″ _dynamic_attributes=”button_url” _module_preset=”default” custom_margin=”30px||30px||false|false” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″][\/et_pb_button][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" Learn more about property tax in Belgium! We explain everything about how this regional tax is calculated.<\/p>\n","protected":false},"author":6,"featured_media":10850,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":" Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.<\/p> Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. 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Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet ut et voluptates repudiandae sint et molestiae non recusandae. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.<\/p>","_et_gb_content_width":"","footnotes":""},"categories":[68],"tags":[],"class_list":["post-10849","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-conseils"],"yoast_head":"\nWhat is property tax?<\/strong><\/h2>\n
How do you calculate property tax?<\/strong><\/h2>\n
The indexed cadastral income<\/strong><\/h3>\n
The regional tax rate<\/strong><\/h3>\n
The additional provincial and municipal rates<\/strong><\/h3>\n
Property tax reduction in Wallonia: in which cases?<\/strong><\/h2>\n
Modest home<\/strong><\/h3>\n
Household dependents<\/strong><\/h3>\n
Person with a disability or severely disabled war veteran<\/strong><\/h3>\n
When and how do you pay this property tax?<\/strong><\/h2>\n
Get help from our real estate agents<\/strong><\/h2>\n