Real estate tax reductions initially scheduled for 2026 draw attention from the left faction.

Property Tax Relief from 2026 Could Be a Reality, According to Linke's Views

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2025 June 13 . 11:59 AM

2 min read

In essence, budget strategist Ronald Hande, leaning to the left, views the implementation of... — In essence, budget strategist Ronald Hande, leaning to the left, views the implementation of property tax relief for renters and homeowners potentially occurring as early as 2026 as a viable option.

Buzzing about a Possible 2026 Property Tax Relief in Thuringia

Property tax relief potential from 2026, as suggested by Linke. - Real estate tax reductions initially scheduled for 2026 draw attention from the left faction.

Ronald Hande, the Left's budget spokesman, challenges Finance Minister Katja Wolf's claim that relief from property tax hikes in Thuringia might not kick in until 2027. He asserts that the proposed bill could potentially bring relief as early as 2026.

This draft includes a 50% increase in the tax rate, and municipalities will be empowered to establish two property tax rates—one for residential and another for non-residential properties. The focus is on a fair distribution, with tenants and homeowners experiencing relief, while businesses shoulder a slight extra burden.

Hande points out that the property tax burden on residential buildings has significantly increased, and correcting this anomaly is crucial. The Left faction presumes that a feasible adjustment and recalculation by the authorities can be executed by 2026.

While the state government also aims to provide relief, a cabinet discussion is scheduled for Tuesday to delve deeper into the issue. Initially, Thuringia applied the federal model for calculating property tax, leading to a tripling of property tax for residential real estate—a boon for commercial properties.

Wolf suggests that the anticipated recalculation aiming for fairness brings a substantial workload for the finance authorities and municipalities issuing the tax notices. The new method was implemented due to a 2018 Constitutional Court ruling demanding more up-to-date property valuations for tax purposes.

Property tax, recalculation, and relief are the key buzzwords to watch for. Keep an eye on the tussle between the Left faction and Finance Minister Wolf, as deadlines for the recalculation may shift, affecting Thuringia's property tax landscape.

Property tax
Recalculation
Relief
Wolf
Ronald Hande
Erfurt
Thuringia
German Press Agency

Ronald Hande, from the Left faction, suggests that with the proposed bill, property tax relief in Thuringia could potentially be implemented as early as 2026, contrary to Finance Minister Katja Wolf's claim.
The recalculation of property taxes in Thuringia, as advocated by the Left faction, is seen as crucial by Ronald Hande to correct the significant increase in the property tax burden on residential buildings, and this recalculation, if successful by 2026, may bring relief to homeowners and tenants.