Some people may be exempt from property tax on their principal residence or benefit from relief. This is particularly the case for the elderly or disabled.
The finance law for 2023 has made some adjustments in terms of the conditions of resources not to be exceeded in order to benefit from these advantages. These reductions and exemptions may also be granted to elderly people housed in a long-term care establishment or a retirement home, if they retain the enjoyment of their former main residence. The condition that the accommodation remains free of any occupation, including free of charge, has been removed.
Exemption from property tax on the main residence
Exemption from property tax is subject to the conditions relating to the occupant and the conditions of the person’s resources. This concerns:
- Holders of the ASI (supplementary disability allowance) without any means test.
- Holders of Aspa (Solidarity allowance for the elderly, formerly minimum old age) without any means test.
- People over the age of 75 subject to means testing (they can also benefit from property tax exemption for their second home).
- Holders of the AAH (Allowance for disabled adults) subject to means testing.
The means test depends on the reference tax income of the previous year, which must be below certain ceilings. The income ceiling depends on the family quotient. For 2023, it is equal to €11,885 for the first share + €3,174 for each additional half-share. It should be noted that if these ceilings are exceeded, the owners concerned still retain the benefit of the exemption for two years.
You do not have to take any particular steps from the moment you meet these conditions to benefit from the property tax exemption.
Relief for over 65s
If you are over 65 and under 75 on 1 January of the tax year, and you meet the resource conditions defined for the exemption, you can benefit from tax relief property in the amount of €100. The relief is automatically applied by the tax authorities.
Capping
Finally, in exceptional cases where the property tax on your main residence is very high, it is possible to benefit from a reduction for the fraction of the tax exceeding 50% of your income. The request for a ceiling must be made via a form provided that your reference tax income does not exceed €27,947 for the first part of the family quotient (+ €6,530 for the first additional half-share and + €5,140 for the other half-shares). shares).
TO KNOW
The exemption never applies to the household waste collection tax (TEOM) appearing on your property tax notice.