In France, there is a tax for small constructions added to your property. Its amount may undermine your budget.
In our country, every taxpayer has to pay taxes , according to his income, the composition of his household and his properties. The money thus collected ends up injected into public finances. He then serves to the State or to local authorities . The goal? Fund public services that benefit everyone. Also, owners should expect pay local taxes such as property tax or housing tax (for second homes). But this year, taxation of constructions and developments experienced a sharp increase. Shed, garden shed... But if it can weigh on your budget, you must not forget to declare these facilities .
When we have land or garden , you may want to install a tool shed, a shelter, a swimming pool… Some even opt for fixing photovoltaic panels . Nevertheless, in addition to the budget devoted to the works, it is necessary to expect to pay the development tax. Since January 2023, its amount has increased by 8%. For comparison, this tax increased by 7% at the start of 2022.
To determine how much you have to pay when installing a garden shed, the administration uses a rather complex calculation . It takes into account the rate set by the municipality and the department, but also from the dimensions of the construction . It applies as soon as a surface delimited by walls and covered is created, provided that the area exceeds 5 m² and that the height of the ceiling is greater than or equal to 1.80 m. Garden sheds or an annex outside the house with a surface area greater than 5 m² are concerned by the development tax. »
Depending on where you live, the budget to be provided may therefore vary. A distinction is made between the lump sums in Île-de-France and those that apply in the rest of France . The public service website details their recent increase. Bad news for the French, whose budget has already been gray for some time.
To begin with, know that this tax is only due when in the year following the work . If the amount remains less than or equal to 1,500 euros, you have 12 months to pay this tax in one go. Nevertheless, if the tax dépasse 1 500 euros , you will have the possibility to pay it in several times. And it is better, for your budget, that you do not forget to pay it.
Indeed, some clever little ones do not hesitate not declaring their garden shed or extension . But this is a very bad idea. You incur a fine of between 1,200 and 600 euros. A prison sentence can also be pronounced . In addition, your building will be subject to demolition. And finally, your work equipment may even end up being seized.
To avoid this kind of disappointment, the best thing to do is to include the development tax in your works budget . So you won't have any unpleasant surprises. Do not hesitate to estimate the amount of these taxes before building a swimming pool or extension.
Source : MSN
source: foozine.com