Georgia property tax in 2026: the new GEL 100,000 threshold

News date: 10 October 2026. Published and checked: 10 October 2026.

Georgia has raised the family-income threshold for the personal property-tax exemption from GEL 40,000 to GEL 100,000. This is an enacted change that already applies to property tax declared in 2026. It can matter to a freelancer who owns taxable property in Georgia, even while monthly Small Business Status (SBS) returns continue as usual.

Law №1874 was adopted and published on 30 September 2026 and took effect on publication. It changes Articles 202(5) and 206(1)(a) of the Tax Code. This threshold concerns personal property tax; it does not change the SBS turnover threshold or the separate VAT-registration test.

Start with your family’s 2025 income

For the non-land exemption in the 2026 declaration cycle, the law looks at family income received in 2025. If that income did not exceed GEL 100,000, the individual’s taxable property other than land is exempt under this provision. If it exceeded GEL 100,000, check whether you or your family members own taxable property in Georgia and what other exemptions apply.

For non-exempt taxable property other than land, the amended rate provision is 0.8%–1% of the property’s market value at the end of the preceding calendar year. The applicable local rate and valuation need checking; the threshold is an income test, not a deduction from the property’s value. Read the enacted provisions.

Do not simply copy your SBS turnover into the family-income box. Household composition and which receipts count need a separate calculation. If you have mixed income, foreign receipts or changing family circumstances, have a Georgian tax adviser confirm that calculation.

Land has a separate test

The GEL 100,000 exemption expressly excludes land. The Revenue Service says taxable land held by you or your family on 1 April 2026 can create a declaration obligation regardless of family income. Check land-specific exemptions separately. RS notice, 2 October 2026.

Put these dates in your calendar

• 2 November 2026: deadline for the individual’s annual property-tax declaration, where required.
• 16 November 2026: deadline to pay the property and land tax due.

These are the 2026 dates confirmed by RS. Filing and payment are separate steps: keep the accepted return and payment evidence.

The updated declaration rules, Order №318, adopted on 8 October and published on 9 October, align the family-income choices with the new threshold. RS also describes when a prior declaration can carry forward. Check those conditions before deciding that no new filing is needed, particularly if your income or property changed.

Keep this annual check alongside your monthly declaration routine. SBS status alone does not settle personal property-tax obligations.

Taxocat’s monthly SBS workflow does not submit this annual personal property-tax return. Use the Revenue Service portal for that filing.