'Bëllegen Akt'Luxembourg MPs approve €40,000 tax credit for homebuyers in final vote

RTL Today
MPs finalised a €10,000 increase to the "Bëllegen Akt" tax credit Wednesday, setting the relief at €40,000 per homebuyer.
© Domingos Oliveira/ RTL Luxembourg

The Chamber of Deputies formally established the tax credit on notarial acts, commonly referred to as “Bëllegen Akt” in Luxembourgish, at €40,000 per person Wednesday, approving Bill No. 8540 after extensive debate. The measure increases the previous €30,000 credit for primary residence purchases.

The decision means couples buying a home together may now claim up to €80,000 in combined tax relief.

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