The value of your home or business premises for the purposes of the Dutch Valuation of Immovable Property Act (WOZ value) has become increasingly important. The WOZ value constitutes the basis not only for the immovable property tax (OZB), but also for numerous other taxes. It is therefore of great importance that this value is not too high. Moreover, in many cases, reducing it can result in savings on other municipal taxes. Meijburg & Co’s professionals can help you with any questions you might have regarding WOZ and municipal taxes.
WOZ value as a basis for taxation
As mentioned above, the WOZ value constitutes the basis for charging various taxes. This applies to the following taxes:
- Immovable property tax (OZB).
- Other municipal taxes, such as sewerage charges.
- Depreciation on corporate income tax. You are entitled to depreciate up to the WOZ value.
- Landlord levies on public-sector rented housing.
- Energy tax. WOZ properties can be combined here.
Comparisons between the WOZ value and other valuations cannot be easily made. This is due to legal rules. For example, the WOZ rules do not take into account the rental of a property. As a result, WOZ values are often lower than market values. Tax exemptions sometimes apply as well.
What is the true WOZ value of your home or business property? A critical assessment of its WOZ value by our experts can offer you clarity and save you thousands of euros in tax. Our team consists of specialist legal experts and valuers. By means of a short test, we can determine if savings are possible. Even when you have contracted out the monitoring of WOZ values to a third party, we can optimise your savings.
Are objection or appeal proceedings required in order to achieve your savings? We can handle these for you. We will be your reliable partner in such matters. And if you so require, we can also manage your WOZ administration for you. This ensures that you do not have to worry about a thing.
Not only can you make significant savings on OZB, but on other municipal taxes as well. Consider, for example, the following:
- Building charges
- Municipal levies on encroachments in, on or above public land
- Sewerage charges
- Tourist tax
Need advice on WOZ and municipal taxes?
Would you like to know if the WOZ value of your home or business premises is correct? Or do you require assistance with savings on municipal taxes? Meijburg & Co’s municipal tax specialists are here to help. WOZ and municipal taxes are our daily business so you are assured of expert advice in these areas. We look forward to tackling your issue in tandem.