The Parliament of Georgia adopted the third and final reading of the draft amendments to the country's Tax Code, which envisages revising the income threshold for property tax payment. As of today, people whose annual family income is between 40,000 and 100,000 GEL pay property tax in the amount of 0.05% to 0.2% of the property value, and those with an annual income above 100,000 GEL pay 0.8% of the property value. �. With legislative changes, it is planned to increase the minimum threshold of annual income to 100 thousand lari, and the tax rate will be from 0.8% to 1%. According to the legislators, this model will free people with small and medium incomes from additional tax burden. According to the corrected data, about 81,000 people will be exempted from tax, and the 2026 budget will lose about 22.3 million GEL, as the changes will apply to tax payments in 2025.