Overview

• Hamburg's 2025 property tax reform aims to maintain revenue neutrality, with preliminary figures confirming this target has been met.
• Approximately 30.05% of property owners face tax increases exceeding 50%, while nearly 9% will pay less than half of their previous amount.
• Only 33 out of over 410,000 assessed cases saw no change in tax burden, highlighting the reform's broad impact on individual taxpayers.
• Shortfalls in agricultural and residential property tax revenues are expected to be offset by receipts from the new tax category on undeveloped land.
• The figures remain provisional as appeals, hardship applications, and corrections could alter the final outcomes.