While the schedule about the payment of the property tax is narrowing, General Editor of Real Estate Professionals Hatice Kolçak shared important knowledge about the conditions of real estate tax exemption. Conditions of property tax exemption
Citizens having only one house less than 200 sqm. Don’t pay real estate tax according to the decision of council of ministers. Who retired from SSI, SSOAS, Pension Fund and has no income and their widows and orphans don’t pay real estate tax. Housewives and unemployed citizens who are non – retired and have no income from anywhere else don’t real estate tax. Disabled citizens don’t pay real estate tax. Widows and orphans of our martyr and veterans don’t pay real estate tax. But, there are some principles and procedures for people who have the conditions for real estate tax exemption.
No sitting condition It is not necessary to live in the only house owned to benefit from real estate tax exemption. You can rent your house and be a tenant. But who lives in their children’s, grandchildren’s and relatives’ houses cannot benefit from the exemption of real estate tax. If both husband and wife are retired
Both husband and wife who have the conditions and principles of real estate tax exemption can own their own houses when they are retired. In this condition, couples pay real estate tax for only one house.
It is necessary not to have any other income
To benefit from the real estate tax exemption it is necessary for the people who are retired, unemployed and housewives not to have any other income except their only house less than 200 sqm. For example, people who have a paid work cannot benefit from real estate tax rate of zero after retired. There is a certain limit for the annual deposit interest income.
This limit changes each year and it was stated 29 thousand pounds in 2015. If there is an interest doesn’t exceeding this figure, your exemption goes on.
There is an exception for disabled citizens Disabled citizens who has only one house less than 200 sqm. can benefit from the real estate tax exemption even they have another income. With this exception of disabled citizens, their income isn’t important.
It is necessary to have only one house To benefit from real estate tax exemption, it is necessary to have only one house. You have no right to benefit from the real estate tax exemption, if you have shares in another property even if it is small. The only house is supposed to be under 200 sqm. Your share isn’t important on a house, total size of the property is important. Citizens who is retired and have two houses cannot benefit from the real estate tax exemption and they have to pay taxes for both houses they owned.
There is no exemption for summer houses
There is no real estate tax exemption for the houses that you use occasionally such as Summer or Winter. You need to live in the house constantly. For example, you have two houses and one of them is the one you live in continuously and you have another house that you occasionally go. Even if you have all the principles and conditions you must pay real estate tax.
It is necessary to be retired in Turkey
To benefit from the zero rate of real estate tax, it is necessary to be retired from social security institutions in Turkey. Citizens who retired from abroad cannot benefit from real estate tax exemption.
If you make your only house a work place
Real estate tax exemption is only for houses. You cannot benefit from zero rate real estate tax exemption ıf you rent your house as a work place or ıf you use your house as a work place.
How to take back the real estate tax paid unintentionally
Despite you have all the conditions and principles, if you paid the tax unintentionally you can your take your money back from municipality. Also you can take your money for the past 5 years. To take your money back you have to write petition about exempt taxpayers to the municipality. In 2016, you can demand return for the taxes you paid extra in 2011, 2012, 2013, 2014 and 2015.