Property tax: Bielefeld breaks up - increase is milder than expected!

Property tax: Bielefeld breaks up - increase is milder than expected!

For real estate owners and tenants in Bielefeld there is hope: The feared drastic increase in property tax could be less drastic than expected. According to the new calculations of the country, which were published by the Westfalen-Blatt on October 15, the rate of property tax B will increase from currently 660 points to just 766 points instead of the 815 points previously feared.

This adaptation is crucial to avoid a loss of millions as part of the tax reform from 2025. Otherwise, Bielefeld will face annual revenue losses of up to eleven million euros. However, the final decision is still pending, which continues to keep the situation in the city exciting. For further details on these developments,