Alongside its spending plans, the draft finance law for 2027, submitted to parliament on 23 October, contains a series of tax measures. Le Matin listed the main ones on 25 October. Several of them bear directly on household purchasing power or on the property sector.
The largest change concerns income tax. Between 2027 and 2031 the tax-free annual income rises from 40,000 to 60,000 dirhams, five brackets are reduced to three (10%, 20% and 30%) and the top rate falls from 37% to 30%. Salaried workers get a flat 45% deduction for professional expenses. The reform is phased in, and these figures are the end point in 2031.
For property, the bill proposes an optional VAT regime for dealers in existing buildings. Resales by such dealers currently fall outside VAT; those who opt in would be able to deduct VAT paid on restoration, renovation and repair work. Sales of sand, a basic building material, would become VAT-exempt, without the right to deduct input VAT.
In addition, deeds that were never registered and whose duties are time-barred (currently after ten years) could still be registered at the parties' request, at current rates and without penalties or surcharges. This may matter to owners holding older unregistered sale or ownership deeds. All measures still require approval by parliament.
