Exemption of housing units of less than two million pounds

Samia Hussein, head of the property tax department of the Ministry of Finance, said that any owner of a real estate unit not exceeding two million pounds is exempt from tax if he makes a request that the property be allocated to him.

MC "Iman al-Husri media presentation, that the owner of two units at a price of less than two million pounds pay a tax on one of them, and granted an exemption on the second because it is a private residence.

The head of the tax administration asked the housing owners to go to the offices of the department to register the unit data form , noting that the tax is equal to 10% of the net rental value.