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John111
New Member
Can someone please email us a pdf file of the new property tax form. Many Thanks.
Colin.
Colin.
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Leo en Manon
New Member
Me to please:dito:
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elhayatowner
New Member
me to cheers
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John111
New Member
New Property Tax Form
Very efficient , a pdf file in arabic. So we now need a translation for everyone.
Cheers.
I have manged to get one by emailing [email protected]
Very efficient , a pdf file in arabic. So we now need a translation for everyone.
Cheers.
J
jojo
New Member
Hi Everyone,
Has anyone found out for certain yet if the tax applies to unregistered properties. We have just been emailed by Karen at Pioneer Property to inform us that all property owners need to return their tax forms by the end of december, not much notice really when we haven't even had them! They are having a meeting on Monday about what is required so when i find out from them I will post the outcome on here. Does anyone know if they expect properties to be registered before 31st Dec too? Hope not!!
Jo
queenie40something
Senior Member
Hi we had an email from the Sierra developer confirming that they have submitted forms t the tax office for us at no charge. I have asked for a receipt from the tax office. They have confirmed if you have not had handover then they do not need to be filled out by the end of the year. Check how you stand if your development is not finished.
T
tonyholtom
New Member
hi queenie very confusing all this did you get my stuff and are you still planning to go yourself or rely on sierra
Georgina
New Member
They have opened up a new office for Foreigners to submit their form in Hurghada. I haven't been there but this is an email posted to our El Gouna forum:
The location for foreigners to take the form and to bring it back for filing has been changed to a clean place.
Just follow the street of your map another 150 meters, then you will see on the right side about 50 meters from the street a wall with security towers on top.
Turn right off the road here and go down for about 100 meters. There are two houses on the left side by side.
Go into the second building and directly after the entrance on the right is a nice office even with chairs to wait.
The personal there speaks also some English. They check your form, do corrections if neccessary and give your your receipt after 5 minutes.
I was there today at about 09:30 with a friend and there was only one other customer beside us. And he came without a filled form and a nice guy there did it for him.
Refer to previous posts for map of original tax office where the pile of completed forms is now all around the office and half way to the ceiling.
Still unclear about whether they are accepting downloaded forms. Maybe you need to download them and print them on A3 then fold them to look like the original forms with a staple in the middle and staple at the top!
The location for foreigners to take the form and to bring it back for filing has been changed to a clean place.
Just follow the street of your map another 150 meters, then you will see on the right side about 50 meters from the street a wall with security towers on top.
Turn right off the road here and go down for about 100 meters. There are two houses on the left side by side.
Go into the second building and directly after the entrance on the right is a nice office even with chairs to wait.
The personal there speaks also some English. They check your form, do corrections if neccessary and give your your receipt after 5 minutes.
I was there today at about 09:30 with a friend and there was only one other customer beside us. And he came without a filled form and a nice guy there did it for him.
Refer to previous posts for map of original tax office where the pile of completed forms is now all around the office and half way to the ceiling.
Still unclear about whether they are accepting downloaded forms. Maybe you need to download them and print them on A3 then fold them to look like the original forms with a staple in the middle and staple at the top!
queenie40something
Senior Member
Hi Tony - yes received them in the post thanks. I will get some advise when I am there and if need be go to El Tor on 30th. I will update you on return x
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jojo
New Member
Thanks Queenie, hopefully Pioneer will sort out anything for us. But we haven't had handover yet so there shouldn't be any problems from what you say.
Jo
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pastaboxer
New Member
Don't know if you've all seen this
The new property tax will tax properties at 10% of their rental value. The rental value is calculated as 1.8% of the property's total value for units that are worth up to EGP5.5 million and 2.4% for units above that value. A maintenance cost of 30% for residential properties will be subtracted from the rental value of the unit.
The tax authorities will calculate the property tax by estimating the rental value of each unit and subtracting a maintenance cost as a percentage of the rental value (30% for residential units). In other words, the tax rate for residential properties will be 7% of their rental value. The assessed rental value of the units can not increase by more than 30% for residential properties during the assessment process, which will take place once every five years.
So according to my calculation this amounts to approx £184 per year for a property valued at £100K
At the end of the day who knows what the hell they are up to! I am going to enjoy christmas in the UK and sort it out in March.
:sheep:
The new property tax will tax properties at 10% of their rental value. The rental value is calculated as 1.8% of the property's total value for units that are worth up to EGP5.5 million and 2.4% for units above that value. A maintenance cost of 30% for residential properties will be subtracted from the rental value of the unit.
The tax authorities will calculate the property tax by estimating the rental value of each unit and subtracting a maintenance cost as a percentage of the rental value (30% for residential units). In other words, the tax rate for residential properties will be 7% of their rental value. The assessed rental value of the units can not increase by more than 30% for residential properties during the assessment process, which will take place once every five years.
So according to my calculation this amounts to approx £184 per year for a property valued at £100K
At the end of the day who knows what the hell they are up to! I am going to enjoy christmas in the UK and sort it out in March.
:sheep:
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Georgina
New Member
For Foreign Egyptian property owners that are not living in Egypt they are putting a translation of the form on the Ministry of Finance website and an address in Cairo for the forms to be sent to:
Welcome to Ministry of Finance Portal - The Real Estate Tax Application in English fo Foreigners
Welcome to Ministry of Finance Portal - The Real Estate Tax Application in English fo Foreigners
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dave99
New Member
Nothing to view or download
Has anyone been able to see the document or download it yet - I can't see anything on the website yet that looks like a form in English
Has anyone been able to see the document or download it yet - I can't see anything on the website yet that looks like a form in English
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pastaboxer
New Member
Form
The site is developing slowly abd you can now see the link. The form is not downloadable yet but expect it soon......January 1st probably
:turtle:
The site is developing slowly abd you can now see the link. The form is not downloadable yet but expect it soon......January 1st probably
:turtle:
Georgina
New Member
A friend managed to download it and copied it here:
http://mediteranb2b.net/elgouna/Real-Estate-Tax-Application.pdf
http://mediteranb2b.net/elgouna/Real-Estate-Tax-Application.pdf
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pastaboxer
New Member
You're a star Georgina. All looks fairly straight forward, in an egyptian kind of way. I'll send it off and see what happens! Expect a bill this time next year or soon after.
:santaclaus:
:santaclaus:
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holterchris
New Member
Hi Red Sea Way
Sorry to be ignorant but Im new to this website. how can I get your rate table.
Many thanks for your help, would be easier if you could email, thanks
Sorry to be ignorant but Im new to this website. how can I get your rate table.
Many thanks for your help, would be easier if you could email, thanks
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fabio81
New Member
Hi!
I bought a flat at Sierra Resort and I had handover last year, so now I have to fill in the form for property tax. I asked more information to SRE. A first form needs to fill in before December 31st and a second one before March 31st. SRE asked me to give POA to fill in and they asked me money. Is everybody doing the same? or could you suggest me other way? Thanks
I bought a flat at Sierra Resort and I had handover last year, so now I have to fill in the form for property tax. I asked more information to SRE. A first form needs to fill in before December 31st and a second one before March 31st. SRE asked me to give POA to fill in and they asked me money. Is everybody doing the same? or could you suggest me other way? Thanks
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danny
New Member
Tax registration has now been extended to the end of March 2010.
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John111
New Member
Thanks Danny, just looked on the Egyptian Gazette and that confirms that the deadline has been extended to the end of March 2010.
