Revenue Service: Households earning under GEL 100,000 in 2025 exempt from property tax declarations
Georgia’s Revenue Service of the Ministry of Finance has issued a public clarification on recent legislative amendments to personal property tax regulations.
The tax authority explained that amendments to the Tax Code of Georgia, governing property tax declarations due for the 2026 tax year, took effect on 1 October 2026.
Under the updated rules, the deadline to file property tax declarations for the current period is 2 November 2026 (extended from 1 November, which falls on a Sunday). The tax authority explained that the household income threshold for property tax exemption has been raised from GEL 40,000 to GEL 100,000. As a result, approximately 81,000 families with annual household earnings below GEL 100,000 will no longer pay property tax on non-land assets.
Crucially, individuals whose household income in 2025 did not exceed GEL 100,000 are entirely exempt from filing a tax return or paying tax on taxable property, excluding land. Under the new rules, eligible taxpayers who previously fell into the GEL 40,000 to GEL 100,000 bracket are no longer required to submit ‘nil returns’ for non-land property.
However, the Revenue Service noted that filing and payment obligations remain in force for taxpayers in two specific categories:
* Individuals whose combined household income in 2025 exceeded GEL 100,000 and who own taxable property in Georgia.
* Individuals or household members who own taxable land, regardless of total annual income.
The Revenue Service further clarified that for taxpayers who submitted a property tax return in 2025 with no changes to their asset status, the tax authority will automatically calculate and assess their 2026 property tax liabilities. Payments under prior-year assessments must be settled by 16 November 2026 (as 15 November falls on a Sunday).
Taxpayers requiring assistance can access the Revenue Service’s new ‘RS Chat’ digital service or contact the advisory centre on 2 299 299.