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Why You Shouldn’t Rush to Value Your Property Ahead of 2027 Tax Change

The ATO said retrospective valuations can be used later and may provide better evidence, while prospective valuations before the cutoff will not be accepted.

The message is simple: don’t panic and don’t pay for a valuation now.

8 Articles

Sydney Morning HeraldSydney Morning Herald
+3 Reposted by 3 other sources
Lean Left

Why you shouldn’t rush to value your property ahead of 2027 tax change

The message is simple: don’t panic and don’t pay for a valuation now.

·North Sydney, Australia
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Since 1 January 2027, Romania's system of local taxes and taxes will undergo a major change: the taxation of buildings and land will be done according to market value, eliminating the current algorithm based on areas and building materials. The Ministry of Finance will implement the e-Property IT system. It will collect data from real estate transactions (notes, cadastres) to create a database with real market values of properties. Local authori…

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Since 2027, the way in which Romania's housing and land taxes are calculated would be modified. The new approach will take more account of the market value of the properties, and the authorities are preparing a digital system that will centralize the information about the property. The change could have an important impact on the owners of apartments, houses [...] Article The house tax of 2027: how to calculate and how much the owners of apartme…

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The Bolojan government prepares the move to property taxation according to market value, announced change for the year 2027. For a part of the owners of apartments, houses and land in Piatra-Neamț, the new method of calculation could bring higher taxes. Through the e-Property system, authorities aim to use real estate data and transactions to establish values [...] More news on Ziar Piatra-Neamt

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The Romanians would enter, from 1 January 2027, a new era of property taxation. The value of housing and land will become the main benchmark for calculating the local tax, through the e-Property system. A house in the center of Bucharest will no longer be able to be treated tax as an identical one in an area where prices are much lower.

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money.ro broke the news on Monday, September 28, 2026.
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