Personal property tax in 2022

2024 Author: James Gerald | [email protected]. Last modified: 2023-12-17 14:00

In November 2020, the President of the country signed Federal Law No. 374, providing for changes in the tax system that were previously applied (transport and property). Not all of the adjustments listed in the legislative act took effect at the beginning of 2021. Some of them have separate application start dates. The personal property tax in 2022 consolidates significant relief for ordinary taxpayers.

The essence of the changes

In the Federal Law No. 374, innovations are recorded that transform the rules for calculating not only property, but also transport tax for individuals. The main changes can be called positive. They expand the possibility of using certain categories of citizens.

Significant changes made to the property tax of individuals, which continue to operate in 2022, include the following:

• Clarification of the time period from which the tax is calculated, taking into account the benefits due to the taxpayer (not from the date of submission of the application, but from the date of their provision to an individual in a legal manner).
• Transformation of the cadastral value in the calculations not only in the current, but also in the previous periods, if there are cases specified in the law. There are two of them: if the cadastral value was incorrectly indicated in the USRN, and this is a technical error in the information, and if it passed and at the same time clarifications and changes were made to the act confirming the new results.
• The property tax of individuals in 2022 can be recalculated without limiting the number of tax periods, even if the right to the benefit arose earlier than three years, but was not taken into account in the calculations.
• A reduction coefficient has been introduced for newly formed real estate objects, which will be used to calculate the amount of tax burden on the property of an individual.
• Previously, it was used only when calculating for the third tax period, and from the 4th it was already paid in full. Now, if the tax base is determined by the cadastral value, the calculation is made from the 4th tax period.

One change should be noted separately - this is the expansion of the list of beneficiaries who do not need to apply for the tax bonus due and write an application to the fiscal service. Veterans of the database, registered in EGISSO (state system of information on social security), will automatically receive the benefits due to them on transport, land and property taxes.

Now, war veterans will not have to submit applications and show documents confirming the right to the benefit. The Pension Fund will send the relevant information to the tax office, and the right to deduction will be exercised without a claim.

Other important points

As in 2021, while no changes are made to the legislation, innovations, corrections and adjustments that came into effect in the past year continue to operate in the current tax period. There are important points to consider when calculating the property tax of individuals in 2022:

• when calculating, only the cadastral value matters (you can find out by getting a certificate in the USRN, or by several other, more complex methods);
• the correction factor is now applied only to 0, 6, another CC (0, 8) is excluded from circulation;
• tax rate - 0.1% of the tax base (that is, the cadastral value of each property owned by an individual);
• tax is not paid if the area of the property owned by the taxpayer is less than the deduction due to citizens (it can be applied from January last year to shares and rooms);
• a variable deduction is applied - 10 m² for a room, 20 m² for an apartment and 50 m² for your own private house;
• if a person owns several objects of different types, he has the right to receive a bonus for only one of them;
• tax rates are determined by the region of residence: local governments have the right not only to increase them by 0.2 points, but also to completely cancel them.

In Moscow, there are differentiated rates, the size of which depends on the nature of the building and its size.

If a person owns a garage, he pays 0, 1%, in apartments up to 150 m there is a rate of 0, 5%, and for everything above - already 2%. For utility buildings you will have to pay at a rate of 0.3%. This is an example of delimitation and determination of the amount of taxation, which was adopted by the Moscow authorities.

In other regions, the tax on property of individuals in 2022 can be calculated according to a different scheme. Therefore, before you start calculating the amount to be paid, it is better to make inquiries with the local administration. It is not easy to recover the overpayment, and if you donate enough funds, you can fall under monetary sanctions.

How to calculate tax

The changes made to the legislation became the reason for the modification of the formula used to calculate the property tax. It did not remain the same, although it is recorded in article 408 of the Tax Code of the Russian Federation:

NI (property tax of individuals) = (NKS - NIS) x KK

• NCC is the cadastral value of the object;
• NIS - inventory;
• КК - correction factor.

Interesting! Land tax in 2022 for legal entities and payment deadlines

Now only the cadastral value is applied in the calculations. Earlier it was announced that the inventory value was not taken into account from the beginning of 2020. By the end of this year, the transition to this system of all objects of taxation should have taken place.

The cadastral value of your property can be found in the USRN. The formula, taking into account the inventory value, was left for use in those facilities that did not have time to complete the transition process on time.

If the local authorities, for any reason, have not established the tax rates, the ones fixed in the Tax Code of the Russian Federation (federal) are applied. The right to property tax benefits for individuals is granted to numerous categories of citizens - from WWII and military base veterans to military personnel and their families, disabled people, some categories of recipients of state pensions and survivors' pensions. Additional categories of beneficiaries may be established in the regions.

Outcomes

Since January 1 of last year, changes have come into effect on the calculation of property tax for individuals:

1. Citizens must pay notifications no later than December of the current year.
2. Penalty interest is charged for each overdue day.
3. The tax base has changed, the inventory value is now not taken into account.
4. If there is disagreement with the amount indicated in the tax notice, it can be clarified by presenting documents confirming the correctness.