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Real Estate
$.74 per $100 of assessed value
Due June 5 and December 5
Personal Property
$3.60 per $100 assessed value
Must be filed by May 1. Due December 5
Municipal Auto Stickers
County - $25
Must be paid by April 15
Dog Licenses
Neutered/Spayed - $7.00
Regular - $10.00
Personal property taxes
Anyone who owns personal property in Powhatan
County must pay taxes unless otherwise exempted. Automobiles,
trucks, motor homes, motorcycles, trailers, boats, aircraft,
business personal property, and machinery and tools used in the
manufacturing process are all considered personal property.
Everyone owning personal property is required by law to file a
personal property tax form with the Commissioner of the Revenue's
office by May 1 of each year, whether or not the information has
changed. These green forms are mailed to all mailbox holders in
the county the first week in January. If you do not receive a
form in the mail, call to request that one be mailed at 598-5616. These forms should be completed according to how a vehicle is
registered with the Virginia Department of Motor Vehicles (DMV).
The assessed value of personal property is based on a recognized
pricing guide or a percentage of the original cost. The pricing
guide used for motor vehicles is the January edition of the
National Automobile Dealers Association (NADA) Official Used Car
Guide and the Official Older Car Guide. The value taken from the
guides is the average loan value as determined by NADA.
Assessments are done by the
Commissioner of the Revenue's office. The Treasurer's office sends and collects the tax bills.
The rate
used to calculate taxes is set each year by the Powhatan County
Board of Supervisors. The deadline to pay personal property taxes
is December 5. The current rate is $3.60 per $100 of assessed value.
Powhatan County does not prorate personal property
taxes as do some other localities. Powhatan County begins assessing taxes
as of January 1 of each year. Anything bought or sold after this date will
not be considered until the following year. If there are
questions about your tax bill, contact the Commissioner of the Revenue's office as soon as possible after receiving your bill.
The Treasurer's office will accept partial payments on taxes
during the year. Outstanding balances owed after December 5 are
subject to penalty and interest. For more information, contact
the Treasurer's office at 598-5625.
If you feel that there are
special conditions pertaining to your vehicle in regards to your
assessment, such as high mileage, body damage, wrecked vehicles,
or junked vehicles, call 598-5619 as soon as possible. Proof will
be required for an adjustment. Examples of such proof are: oil
change receipts, state inspection slips for current and prior
years, repair bill, a detailed mileage log, insurance report
showing when a totaled vehicle was removed, DMV records
reflecting when the plates of a junked vehicle were returned, or
an accident report.
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County Decals
Powhatan County requires a
county decal to be displayed on the front windshield of your vehicle(s) next to your state inspection sticker.
County decals
are sold in the Treasurer's office. The cost of the decals is
determined each year by the Powhatan County Board of Supervisors. Decals are also required for trailers (not mobile homes) and
motorcycles. For more information on county decals, contact the
Treasurer's office at 598-5625.
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Real Estate Taxes
All real estate property is
subject to taxation unless specifically exempted. Property is
assessed as of January 1 of each year, with new construction
assessed upon final inspection by the building inspections office and are prorated for the remainder of the year.
State law
requires that your real estate assessment be at 100 percent fair
market value. Fair market value is defined as the price that most
people would pay for the property on the open market. Powhatan
County currently has a general reassessment every four years. The
Commissioner of the Revenue's office is responsible for real
estate assessments during the years in between reassessments
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. The 2006
real estate tax rate is 94 cents per $100 of assessed value. Tax bills are mailed to the owner as of
January 1 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, contact your attorney. If there are
changes in the billing address or other changes pertaining to
your taxes, contact both the Commissioner of the Revenue at
598-5616 and the Treasurer at 598-5625. Real estate taxes are due and
payable twice a year: June 5 for the first half of the year, and December 5
for the second half of the year.
Any questions concerning
the assessment of your real estate should be directed to the Commissioner of the
Revenue. Any questions concerning the
payment of your taxes should be directed to the Treasurer. If you
believe that you should have received a tax bill but didn't,
please contact either of the above. Failure to receive a tax bill
does not relieve you of the interest and penalty that will be
applied to past due bills.
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Payment of Taxes
Tax bills should be paid by
check or money order made out to the Treasurer of Powhatan County
and mailed to Post Office Box 87, Powhatan, VA 23139. Payment may also
be made in person at the Treasurer's Office located in the
Powhatan County Administrative Offices at 3834 Old Buckingham
Road. Payment of taxes and the purchasing of decals should be
done by mail and if at all possible, should be done before the
deadline to avoid a long line.
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Business Personal
Property
Powhatan levies a tax on
tangible personal property used in a trade or business (such as
furniture, fixtures, shelving, computers, machinery, and tools)
located in the county January 1 of each year. You must file a
business Personal Property Form (blue form) with the Commissioner
of the Revenue's office by May 1 of each year. Businesses must
itemized their personal property and/or equipment, stating the
date of purchase for each item and the original purchase price. These forms are mailed with
the license renewals the last week in December of each year. If
you do not receive them contact the Commissioner of the Revenue's
office to request that they be mailed to you. The deadline to pay
business personal property taxes is December 5. After that date,
penalty and interest will apply to the outstanding balance.
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Business License
All persons operating a
business or doing business within the boundaries of Powhatan
County must obtain a Powhatan County Business License. There is a
$3,000 gross receipts minimum before being required to purchase a
license. Contractors licensed by another locality are required to
obtain a license once their gross receipts exceed $25,000 for
work done in Powhatan. There is a $4,000 gross receipts minimum
for all persons who are direct sellers (Avon, Tupperware, etc.). An application and zoning approval are required before a license
can be issued. All businesses operating under an assumed or trade
name must be registered with the Clerk of the Circuit Court
before a license can be issued. The cost is currently $10. All
corporations conducting business in Virginia must be registered
with the State Corporation Commission before a license can be
issued. Powhatan County currently has a flat rate business
license cost of $50. All business licenses are renewable by March 31 each year.
All prior year business personal property taxes
must be paid before a renewal license will be issued. Contact the
Commissioner of the Revenue's office at 598-5616 for more
information.
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Relief for the Elderly,
Handicapped, and Disabled
Powhatan grants tax relief for
eligible taxpayers who are 65 years of age or older or who
are handicapped and/or disabled. The qualifications that must be met in
order to qualify for programs are:
Age 65 by December 31 of previous
year or handicapped and/or disabled.
Total household gross income is
less than $30,000.
Total net worth, excluding home
and one acre, is less than $100,000.
Bring verification of your
income, such as W-2P forms, W-2 forms, Social Security benefit
statements, bank statements with savings and interest and all
other income resources. The handicapped and/or disabled must supply this office
with a note from a doctor the first year he or she applies for
this tax reduction.
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Land Use Program
Powhatan County has a program
for landowners who have at least five acres of property that they
are farming or 20 acres of timber. The landowners may apply for
this program and receive a reduced assessment which lowers their
tax liability. For more information, contact the Commissioner of the
Revenue's Office at 598-5616.
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