Second home tax rises to 18% in Munich – Is a hotel subscription the alternative?

The tax on second homes in Munich will be increased from the current 9% to 18% of the annual net rent as of 01.01.2022. Thus, the Munich City Council follows the proposal of the City Treasury with its resolution of June 9, 2021.

By increasing the tax on second homes, the aim is to bring housing that is only used as a second home back into the tight rental market in Munich. The additional revenues generated support the municipal budget, which is already under strain due to corona.

There will be exceptions to the collection of the second home tax under certain circumstances for commuters. This applies, among other things, to married couples who have a joint primary residence outside of Munich, as well as to annual incomes below a certain limit.

Hotel subscription as alternative to second home to avoid second home tax to avoid

Due to the increasing use of home offices, an on-site office presence is often only necessary on a temporary basis.

For hybrid workers, who are only on site 2 to 3 days per week, a second home is no longer worthwhile, as it is unused most of the time. Therefore, it is a good idea to put the office days together and find a home in the city for this time.

Make a hotel your home in the city. MyFlexHome’s hotel subscription allows you to book the days you need at the hotel at a constant monthly price. Compared to a second home, only a fraction of the cost is incurred, depending on whether a 4, 6 or 8 night subscription is booked. The second home tax can be avoided by using a hotel subscription, in addition, the subscription costs can be deducted from the tax, as with a second home .

Hotel subscriptions, as an alternative to second homes, are an exception to the imposition of a second home tax in Munich.

Read more: www.myflexhome.de