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Real Estate Taxes |
| All real estate
property is subject to taxation unless specifically exempted.
Property is assessed as of January 1st of each year, whether
entirely finished or not. State law requires
that your real estate assessment be at 100% fair market value.
Fair market value is defined as the price that most people would
pay for the property on the open market. New
construction assessed upon final inspection by the building
inspections office and are prorated for the remainder of the year. |
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Powhatan County currently
has a general reassessment every two years, which is
contracted out.. The Commissioner of the Revenue's
office is responsible for real estate assessment during
the years in between reassessment cycles. Once new
construction has had a final inspection and the property
has been assessed, you will be sent a written notice of
the assessment.
The Powhatan County Board
of Supervisors establishes the rate at which the property
is taxed each year. |
Tax bills are mailed to the owner
as of January 1st unless otherwise requested. Taxes that are
prorated or paid during real estate closings are handled by your
attorney. If there are questions regarding these tax
payments, please contact your attorney. If there are changes
in the billing address or other changes pertaining to your taxes,
please contact both the Commissioner of the Revenue at 598-5616
and the Treasurer at 598-5625.
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| Commissioner of
the Revenue, James B. Timberlake, II
Powhatan County Administration Building
3834 Old Buckingham Road, Suite C
Powhatan, Virginia 23139
598-5616 - phone
598-1532 - fax
e-mail: jtimberlake@powhatanva.gov
Office Hours: Monday - Friday
8:30 a.m. to 5:00 p.m. |
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Tax Calendar
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| January 15 |
Voucher #4, Estimated Income Tax |
| March 1 |
County
Business License |
| Jan.1
- March 1 |
File
for Tax Relief, Elderly & Disabled |
| May
1 |
State
Income Tax |
| May
1 |
Voucher
#1, Estimated Income Tax |
| May
1 |
File
Personal Property Forms & Business Personal Property
Forms |
| June
5 |
1/2
Real Estate Tax Due |
| June
15 |
Voucher
#2, Estimated Income Tax |
| Sept.
1 - Nov. 1 |
File
for Land Use |
| September
15 |
Voucher
#3, Estimated Income Tax |
| December 5 |
Remainder
of Real
Estate Tax Due for the year |
| December
5 |
Personal
Property Tax (Partial payments may be made throughout
the year) |
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Business
Licenses & Business Personal Property | Download
Virginia State Tax Forms
Land Use
Program | Payment
Information click here to transfer to Treasurer's Dept.
| Personal
Property Taxes | Personal
Property Tax Relief Act of 1998 | Real
Estate Taxes | Relief for the Elderly &
Disabled Home |