Bad surprise or anticipated expense? More than 7 million owners are being levied by the General Directorate of Public Finances this Wednesday, November 15. For what? This is an eleventh monthly property tax levy for all monthly households. The consequence of the very significant increase in this local tax in 2023.
Each year, the General Directorate of Public Finances (DGFiP) sends 33 million property tax notices to nearly 22 million French homeowners, cross-checking with INSEE statistics on housing in France. Among them, more than a third chose the monthly payment of the property tax, very exactly 34.6% in 2022 according to the DGFiP.
As land tax has increased in almost 99% of French municipalities in 2023, we can deduce that more than 7 million households see the appearance this Wednesday, November 15, of a withdrawal from the General Directorate of Public Finances from their bank account. Or Thursday November 16 in the event of a banking deadline.
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Why an 11th collection, in November?
You are one of the 34.6% of owner households having opted for monthly payments land tax? You are then used to being collected around the 15th of the month, from January to October. But, this year, this local tax increased by at least 7.1% in the vast majority of French municipalities. Slightly less in cities which have chosen to lower their tax rates in the face of this increase in tax bases, due to inflation.
Gold your monthly payment from January to October was calculated on your 2022 tax. The land tax finally increased in 2023. The DGFiP must therefore take the surplus from you.
The tax administration saved you from a sharply higher levy in October, due to a surplus. This additional amount is therefore subject to an eleventh monthly debit, this Wednesday, November 15. Even a twelfth levy, mid-December, for households residing in the rarest municipalities having increased their rate by more than 10%.
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The DGFiP had warned you, on your tax notice
If you are surprised by this unwelcome drain on your bank account in mid-November, you could however anticipate it… The DGFiP in fact details the evolution of its payment schedule on your 2023 property tax notice, as in the photo below.
How is this 11th levy calculated?
Example for an 8% increase. Your property tax was 1000 euros in 2022. You are paid monthly. This year, the DGFiP has therefore taken 100 euros from you each month. In the event of an 8% increase in your tax this year, the bill rises to 1080 euros in 2023. In this case the tax authorities will take an additional 80 euros from you in mid-November.
Example for a 15% increase. The annual bill this time rises to 1150 euros in 2023. In this case the tax authorities will take 100 euros more from you this Wednesday, November 15, before a final payment of 50 euros in mid-December.
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