Property tax increased for Belgrade residents

Property tax increased for Belgrade residents

The Assembly of Belgrade ended the session at which a decision was adopted on determining the average prices per square meter of suitable real estate in the city, on the basis of which the property tax for 2025 will be calculated (and increased).

The President of the Belgrade City Assembly Nikola Nikodijević said, explaining the decision, that next year the tax for a 50 square meter apartment in the third residential zone will be higher by 600-700 dinars.

According to Nikodijević, the largest tax increase will be for legal entities, because the tax rate was not calculated in 2023, since there was a Provisional Authority in Belgrade, so the tax was paid on the book value, not the real value.

“We expect an increase in tax revenue of around 27.5 billion for the current year, which is an average increase of four to five percent, considering that the price of square meters is increasing year by year in Belgrade, as well as the fact that there are more and more newly built buildings”, Nikodijevic said.

The councilors also adopted an amendment to the decision on determining the price of rent for office space owned by the City of Belgrade, which increases the rent of that office space for the next year by 7.5 percent. It is reasoned that this increase is in line with the expected increase in prices in 2025.

At the session, eight plans of detailed regulation were adopted and a decision was made to create another 10 plans of detailed regulation on the territory of the city.

Among the adopted regulations is the amendment of the decision on public scheduled passenger transport, and the decision on taxi transport. Decisions on the formation of a committee to erect a monument to King Alexander the First Karađorđević were also adopted.

The councilors also voted to amend the decision on uncategorized roads in the territory of Belgrade, as well as the decision on the uniform and markings of communal militiamen.

Source: Beta

Photo: BIZLife

Source: bizlife.rs