{"id":194,"date":"2012-06-29T21:31:26","date_gmt":"2012-06-29T21:31:26","guid":{"rendered":"http:\/\/www.websitefix.net\/clients\/Generic\/?page_id=194"},"modified":"2018-03-27T19:07:53","modified_gmt":"2018-03-27T19:07:53","slug":"state-tax-system","status":"publish","type":"page","link":"https:\/\/www.sunraydirect.com\/RichmondVA3\/REMAXCommonwealth\/?page_id=194","title":{"rendered":"State Tax System"},"content":{"rendered":"<p><strong>TAX &amp; LICENSE \/ STATE TAX SYSTEM<\/strong><\/p>\n<p><strong>Income Tax<\/strong><br \/>\nResidents of Virginia are required to file an individual income tax return if their gross income is over the filing threshold. The adjusted gross income for Virginia income tax purposes is calculated in the same way as the federal adjusted gross income, plus applicable Virginia additions and minus any Virginia subtractions. The Virginia adjusted gross income does not include standard or itemized deductions, any child\/dependent care expense deductions, or the taxpayer\u2019s personal exemptions. If your income falls below the filing threshold for your filing status but Virginia income tax was withheld from payments you received, it is possible to file a return to apply for a full refund of the Virginia individual income tax withheld. For answers to questions or further details on taxation in Virginia, contact:<\/p>\n<p><strong>Virginia<\/strong><strong> Department<\/strong><strong> of Taxation<\/strong><br \/>\nCustomer Service<br \/>\n804-367-8031<br \/>\n<a href=\"http:\/\/www.tax.virginia.gov\/\">www.tax.virginia.gov<\/a><u> <\/u><\/p>\n<p><strong>Sales Tax<\/strong><br \/>\nSales tax is imposed on retail goods sold in the Commonwealth of Virginia. The tax was raised in 2004 to a total of 5.0 percent (4% State Tax &amp; 1% Local). Local jurisdictions receive 1.0 percent of these revenues and the Commonwealth retains 4.0 percent. Certain food items may be taxed at a lower rate, and non-prescription drugs and proprietary medicines are exempt. Local jurisdictions may also levy a tax on items like food, lodging, and entertainment. The local Commissioner of Revenue can provide the exact tax rate in your city or county. Virginia returns one-third of the state sales tax to the localities in support of education based on the school age population. Virginia distributes local tax revenues for general operating purposes based on the amount of sales in that particular locality.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Property Tax<\/strong><br \/>\nProperty tax is assessed on all taxable real and personal property.\u00a0 Although laws differ between localities, the definition of \u201creal property\u201d includes real estate (both business and residential), mobile homes, watercraft, unregistered automobiles, motorcycles, trailers, business equipment and airplanes.<\/p>\n<p align=\"center\"><strong>Real Estate Taxes (1) Assessed per $100<br \/>\nBased on a Calendar Year<\/strong><\/p>\n<table border=\"1\" width=\"0\" cellspacing=\"3\" cellpadding=\"0\" align=\"left\">\n<tbody>\n<tr>\n<td width=\"122\"><strong>City\/County<\/strong><\/td>\n<td width=\"126\">\n<p align=\"center\"><strong>Telephone <\/strong><\/p>\n<\/td>\n<td width=\"96\">\n<p align=\"center\"><strong>Assessed $ <\/strong><\/p>\n<\/td>\n<td width=\"114\">\n<p align=\"center\"><strong>Date Due <\/strong><\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">City of Richmond<\/td>\n<td width=\"126\">\n<p align=\"center\">804-780-5600<\/p>\n<\/td>\n<td width=\"96\">\n<p align=\"center\">1.20<\/p>\n<\/td>\n<td width=\"114\">\n<p align=\"center\">6\/15<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">City of Petersburg<\/td>\n<td width=\"126\">\n<p align=\"center\">804-733-2311<\/p>\n<\/td>\n<td width=\"96\">\n<p align=\"center\">1.35<\/p>\n<\/td>\n<td width=\"114\">\n<p align=\"center\">Quarterly<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">Charles City County<\/td>\n<td width=\"126\">\n<p align=\"center\">804-829-9200<\/p>\n<\/td>\n<td width=\"96\">\n<p align=\"center\">0.75<\/p>\n<\/td>\n<td width=\"114\">\n<p align=\"center\">6\/5 &amp; 12\/5<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">Chesterfield County<\/td>\n<td width=\"126\">\n<p align=\"center\">804-748-1321<\/p>\n<\/td>\n<td width=\"96\">\n<p align=\"center\">0.95<\/p>\n<\/td>\n<td width=\"114\">\n<p align=\"center\">6\/5 &amp; 12\/5<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">Colonial County<\/td>\n<td width=\"126\">\n<p align=\"center\">804-520-9283<\/p>\n<\/td>\n<td width=\"96\">\n<p align=\"center\">1.10<\/p>\n<\/td>\n<td width=\"114\">\n<p align=\"center\">5\/15 &amp; 11\/15<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">Dinwiddie County<\/td>\n<td width=\"126\">\n<p align=\"center\">804-469-4507<\/p>\n<\/td>\n<td width=\"96\">\n<p align=\"center\">0.87<\/p>\n<\/td>\n<td width=\"114\">\n<p align=\"center\">6\/5 &amp; 12\/5<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">Goochland County<\/td>\n<td width=\"126\">\n<p align=\"center\">804-556-5307<\/p>\n<\/td>\n<td width=\"96\">\n<p align=\"center\">0.70<\/p>\n<\/td>\n<td width=\"114\">\n<p align=\"center\">12\/5<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">Hanover County<\/td>\n<td width=\"126\">\n<p align=\"center\">804-537-6029<\/p>\n<\/td>\n<td width=\"96\">\n<p align=\"center\">0.81<\/p>\n<\/td>\n<td width=\"114\">\n<p align=\"center\">12\/5<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">Henrico County<\/td>\n<td width=\"126\">\n<p align=\"center\">804-672-5580<\/p>\n<\/td>\n<td width=\"96\">\n<p align=\"center\">0.87<\/p>\n<\/td>\n<td width=\"114\">\n<p align=\"center\">6\/5 &amp;12\/5<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">Hopewell<\/td>\n<td width=\"126\">\n<p align=\"center\">804-541-2237<\/p>\n<\/td>\n<td width=\"96\">\n<p align=\"center\">1.09<\/p>\n<\/td>\n<td width=\"114\">\n<p align=\"center\">6\/5 &amp;12\/5<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">New Kent County<\/td>\n<td width=\"126\">\n<p align=\"center\">804-966-9615<\/p>\n<\/td>\n<td width=\"96\">\n<p align=\"center\">0.93<\/p>\n<\/td>\n<td width=\"114\">\n<p align=\"center\">12\/5<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">Powhatan County<\/td>\n<td width=\"126\">\n<p align=\"center\">804-598-5600<\/p>\n<\/td>\n<td width=\"96\">\n<p align=\"center\">0.71<\/p>\n<\/td>\n<td width=\"114\">\n<p align=\"center\">12\/5<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td width=\"122\">Prince George County<\/td>\n<td width=\"126\">\n<p align=\"center\">804-646-5600<\/p>\n<\/td>\n<td width=\"96\">\n<p align=\"center\">0.80<\/p>\n<\/td>\n<td width=\"114\">\n<p align=\"center\">6\/5 &amp; 12\/5<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>1. \u00a0\u00a0Real Estate Taxes are subject to change by each city and county. Note: Ashland residents pay town real estate and personal property taxes in addition to Hanover County taxes. Chesterfield County residents also pay a utility tax of 15% of the first $10.00 or a maximum of $1.50 per bill.<\/p>\n<p>&nbsp;<\/p>\n<p>Personal property tax rates range from $3.50 to $4.50 per $100 of assessed value, although the Personal Property Tax Relief Act (\u201cPPTRA\u201d) substantially reduces the tax levied on most personal-use, road transportation vehicles. For the exact rate in your locality, contact:<\/p>\n<p><strong>Property Tax Information<\/strong><\/p>\n<p><strong>City of Colonial Heights<\/strong><br \/>\n804-520-9272<br \/>\n<a href=\"http:\/\/www.colonial-heights.com\/\">www.colonial-heights.com<\/a><\/p>\n<p><strong>City of Hopewell<\/strong><br \/>\n804-541-2237<br \/>\n<a href=\"http:\/\/www.hopewellva.gov\">www.hopewellva.gov<\/a><\/p>\n<p><strong>City of Petersburg<\/strong><br \/>\n804-733-2333<br \/>\n<a href=\"http:\/\/www.petersburg-va.org\/\">www.petersburg-va.org<\/a><\/p>\n<p><strong>City of Richmond<\/strong><br \/>\n804-646-5690<br \/>\n<a href=\"http:\/\/www.richmondgov.com\/\">www.richmondgov.com<\/a><\/p>\n<p><strong>Charles<\/strong><strong> City County<\/strong><br \/>\n804-829-9216<br \/>\n<a href=\"http:\/\/www.co.charles-city.va.us\/\">www.co.charles-city.va.us<\/a><\/p>\n<p><strong>Chesterfield<\/strong><strong> County<\/strong><br \/>\n804-748-1201<br \/>\n<a href=\"http:\/\/www.chesterfield.gov\">www.chesterfield.gov<\/a><\/p>\n<p><strong>Essex County<\/strong><br \/>\n804-443-4371<br \/>\n<a href=\"http:\/\/www.essex-virginia.org\">www.essex-virginia.org<\/a><\/p>\n<p><strong>Goochland<\/strong><strong> County<\/strong><br \/>\n804-556-5365<br \/>\n<a href=\"http:\/\/www.co.goochland.va.us\/\">www.co.goochland.va.us<\/a><\/p>\n<p><strong>Hanover<\/strong><strong> County<\/strong><br \/>\n804-365-6129<br \/>\n<a href=\"http:\/\/www.co.hanover.va.us\/\">www.co.hanover.va.us<\/a><\/p>\n<p><strong>Henrico<\/strong><strong> County<\/strong><br \/>\n804-501-4300<br \/>\n<a href=\"http:\/\/www.co.henrico.va.us\/\">www.co.henrico.va.us<\/a><\/p>\n<p><strong>King William County<\/strong><br \/>\n804-769-4941<br \/>\n<a href=\"http:\/\/www.kingwilliamcounty.us\">www.kingwilliamcounty.us<\/a><\/p>\n<p><strong>New Kent County<\/strong><br \/>\n804-966-9615<br \/>\n<a href=\"http:\/\/www.co.new-kent.va.us\/\">www.co.new-kent.va.us<\/a><\/p>\n<p><strong>Powhatan<\/strong><strong> County<\/strong><br \/>\n804-598-5625<br \/>\n<a href=\"http:\/\/www.powhatanva.com\/\">www.powhatanva.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>TAX &amp; LICENSE \/ STATE TAX SYSTEM Income Tax Residents of Virginia are required to file an individual income tax return if their gross income is over the filing threshold. The adjusted gross income for Virginia income tax purposes is calculated in the same way as the federal adjusted gross income, plus applicable Virginia additions [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"open","template":"","meta":[],"_links":{"self":[{"href":"https:\/\/www.sunraydirect.com\/RichmondVA3\/REMAXCommonwealth\/index.php?rest_route=\/wp\/v2\/pages\/194"}],"collection":[{"href":"https:\/\/www.sunraydirect.com\/RichmondVA3\/REMAXCommonwealth\/index.php?rest_route=\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.sunraydirect.com\/RichmondVA3\/REMAXCommonwealth\/index.php?rest_route=\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.sunraydirect.com\/RichmondVA3\/REMAXCommonwealth\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.sunraydirect.com\/RichmondVA3\/REMAXCommonwealth\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=194"}],"version-history":[{"count":8,"href":"https:\/\/www.sunraydirect.com\/RichmondVA3\/REMAXCommonwealth\/index.php?rest_route=\/wp\/v2\/pages\/194\/revisions"}],"predecessor-version":[{"id":679,"href":"https:\/\/www.sunraydirect.com\/RichmondVA3\/REMAXCommonwealth\/index.php?rest_route=\/wp\/v2\/pages\/194\/revisions\/679"}],"wp:attachment":[{"href":"https:\/\/www.sunraydirect.com\/RichmondVA3\/REMAXCommonwealth\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=194"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}