City Of Virginia Beach Personal Property Tax Relief

If your qualifying vehicles assessed value is 1 000 or less your tax has been eliminated.

City of virginia beach personal property tax relief. 20 15 55. Wavy the department of human services plans to reopen the application portal for virginia beach residents to apply for the real estate and personal property tax relief. Virginia beach city council sets the tax relief each year. You are required to file a personal property return with the city of hampton annually.

Tax relief is calculated using the city of hampton s effective tax rate in effect on august 1 1997. Page content please input the value of the vehicle the number of months that you owned it during the tax year and click the calculate button to compute the tax. Use this calculator to compute your 2019 personal property tax bill for a qualified vehicle. Taxpayer relief covid 19 impacts.

Ordinances resolutions item c. Tax bills are reduced by virginia beach s expected reimbursement under the personal property tax relief act from the commonwealth for qualified vehicles based on the first 20 000 of value. Most recent tax relief rates are as follows. Code of virginia 58 1 3524 personal property tax relief for active duty military and or spouse united states active duty military members and or their spouse with out of state legal residency leasing a vehicle qualify for personal property tax relief up to the vehicle s taxable value of 20 000.