Egypt has launched its first mobile application for property tax services, a significant move in the government’s ongoing efforts to digitize public services and simplify administrative procedures for its citizens. The announcement was made by the Minister of Finance, Ahmed Kouchouk.
Quick Facts
- First mobile app for property tax in Egypt.
- Primary residence exemption raised to EGP 8 million.
- Single tax return now covers multiple properties.
Streamlining Tax Filings Through Mobile
The new application is designed to eliminate the need for in-person visits to tax offices and reduce paperwork. Through the app, taxpayers can now submit their real estate tax returns, pay any due taxes, and settle outstanding liabilities directly from their mobile devices.
Furthermore, the platform allows property owners to apply online for tax exemptions on their primary family residences. In a major process improvement, owners of multiple properties will now only be required to submit a single, consolidated tax return covering all their real estate assets, simplifying what was previously a more complex filing process.
New Financial Incentives and Exemption Hikes
Alongside the app’s launch, the Ministry of Finance introduced several financial updates to encourage compliance. The tax exemption threshold for a family’s primary home has been quadrupled, rising to EGP 8 million from the previous EGP 2 million.
The government is also offering a waiver on late-payment charges for taxpayers who settle the principal amount of their property tax by October 2nd. For those with ongoing tax disputes, a settlement can be reached by paying 70% of the tax due by the same deadline. Additional discounts are available for timely submissions, with a 25% reduction for residential units and 10% for non-residential properties. This discount increases to 30% for taxpayers who make advance payments within specified thresholds.
The new regulations also clarify that no tax will be levied on a property if it is destroyed or if unforeseen circumstances prevent its use.
About the Egyptian Ministry of Finance
The Egyptian Ministry of Finance is the government body responsible for managing public finances, developing fiscal policy, and overseeing the national budget. A key part of its modern mandate includes driving digital transformation initiatives to improve the efficiency and accessibility of financial and tax-related services for citizens and businesses across Egypt.
Source: Zawya
