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FY 2017 Tax Facts

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FY 2017 Tax Facts

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FY 2017 Tax Facts

  1. 1. Tax Facts!Tax Facts! General Information AboutGeneral Information About Fairfax County TaxesFairfax County Taxes Effective July 1, 2016Effective July 1, 2016 to June 30, 2017to June 30, 2017
  2. 2. WhatWhat You WillYou Will FindFind Tax DeadlinesTax Deadlines  Ways to PayWays to Pay  Personal Property TaxPersonal Property Tax  Vehicle RegistrationVehicle Registration  Real Estate TaxReal Estate Tax  Tax ReliefTax Relief  Tax Relief for Vets With DisabilitiesTax Relief for Vets With Disabilities  Tax Relief for Surviving Spouses of Members of Armed ForcesTax Relief for Surviving Spouses of Members of Armed Forces Killed in ActionKilled in Action  Business, Professional and Occupational License (BPOL)Business, Professional and Occupational License (BPOL)  Other Taxes and FeesOther Taxes and Fees  PenaltiesPenalties  The Budget: Where are your tax dollars going?The Budget: Where are your tax dollars going?
  3. 3. DeadlinesDeadlines Personal PropertyPersonal Property – Report byReport by May 1May 1.. – Pay byPay by Oct. 5Oct. 5.. (For vehicles bought or moved(For vehicles bought or moved to the county on or after July 1, pay byto the county on or after July 1, pay by Feb.Feb. 1515 of the following year.)of the following year.)  Real EstateReal Estate – First installment payment is dueFirst installment payment is due July 28July 28.. – Second installment payment is dueSecond installment payment is due Dec. 5Dec. 5..
  4. 4. DeadlinesDeadlines Business, Professional & OccupationalBusiness, Professional & Occupational License (BPOL)License (BPOL) – File and pay byFile and pay by March 1March 1, or within 75 days for, or within 75 days for new business.new business.  Tax ReliefTax Relief – File byFile by April 1April 1, or, or Dec. 31Dec. 31 of the followingof the following year for hardship or first-time filers.year for hardship or first-time filers.  Dog LicensesDog Licenses – Renew byRenew by Jan. 31Jan. 31..
  5. 5. Ways to PayWays to Pay OnlineOnline (check or credit card)(check or credit card) A service fee is charged for credit card payments.A service fee is charged for credit card payments.  PhonePhone (credit card) at 703-222-6740, TTY 711.(credit card) at 703-222-6740, TTY 711. A service fee is charged for credit card payments.A service fee is charged for credit card payments.  Pay Personal Property Tax (only) withPay Personal Property Tax (only) with cashcash at Shoppers Food locations in Northernat Shoppers Food locations in Northern Virginia – pay exact amount due in cash atVirginia – pay exact amount due in cash at customer service desk; a $1.25 processing feecustomer service desk; a $1.25 processing fee will be charged by Global Express for each billwill be charged by Global Express for each bill paid. For additional participating vendors go topaid. For additional participating vendors go to www.globalexpress.netwww.globalexpress.net, click on store locator., click on store locator. Continued 
  6. 6. More Ways toMore Ways to PayPay Real estate and personal property (car) taxesReal estate and personal property (car) taxes can be paid at any Bank of America branchcan be paid at any Bank of America branch locatedlocated in Fairfax County onlyin Fairfax County only :: – You must have your bill and pay the exactYou must have your bill and pay the exact amount dueamount due – Cash or check only: credit cards are notCash or check only: credit cards are not acceptedaccepted *Note that SunTrust NO LONGER ACCEPTS*Note that SunTrust NO LONGER ACCEPTS county paymentscounty payments *Click*Click herehere for additional convenient payment methods.for additional convenient payment methods.
  7. 7. MyFairfaxMyFairfax MyFairfax is your home to conduct key onlineMyFairfax is your home to conduct key online transactions with the county.transactions with the county.  As the first step of this ongoing customerAs the first step of this ongoing customer service initiative, you have direct access toservice initiative, you have direct access to – Personal Property (car) TaxPersonal Property (car) Tax – Business Personal Property TaxBusiness Personal Property Tax – Real Estate TaxReal Estate Tax  Register atRegister at www.fairfaxcounty.gov/myfairfaxwww.fairfaxcounty.gov/myfairfax – View/pay bills and view payment historyView/pay bills and view payment history – Change mailing addressChange mailing address – Perform vehicle registrations/updatesPerform vehicle registrations/updates
  8. 8. Personal PropertyPersonal Property TaxTax Applies to cars, trucks, motor homes, motorcycles,Applies to cars, trucks, motor homes, motorcycles, trailers, campers, boats, outboard motors, planes andtrailers, campers, boats, outboard motors, planes and business personal property.business personal property.  Tax applies if a vehicle is normally garaged/parked inTax applies if a vehicle is normally garaged/parked in the county, even if registered in another state.the county, even if registered in another state.  Vehicles normally garaged in Fairfax County butVehicles normally garaged in Fairfax County but displaying out-of-state license plates may be subject todisplaying out-of-state license plates may be subject to an additional annual “No Plate” tax of $100 and penaltyan additional annual “No Plate” tax of $100 and penalty of $250. This amount is not prorated. In most cases,of $250. This amount is not prorated. In most cases, Virginia license plates must be obtained from DMVVirginia license plates must be obtained from DMV within 30 days of establishing residencywithin 30 days of establishing residency.. ContinuedContinued 
  9. 9.  For most vehicles, personal property tax isFor most vehicles, personal property tax is based on the clean trade-in value in thebased on the clean trade-in value in the National Automobile Dealers Association’sNational Automobile Dealers Association’s Used Car Guide published in January.Used Car Guide published in January.  The personal property tax rate is $4.57 perThe personal property tax rate is $4.57 per $100 of assessed value.$100 of assessed value.  ClickClick herehere to download an appeal form.to download an appeal form. ContinuedContinued  Personal PropertyPersonal Property TaxTax
  10. 10.  If you have moved in or out of Fairfax County, orIf you have moved in or out of Fairfax County, or sold your car, your personal property bill will besold your car, your personal property bill will be calculated on a monthly basis.calculated on a monthly basis.  New to Fairfax County? Bought or leased a car?New to Fairfax County? Bought or leased a car? You have 60 days toYou have 60 days to register your vehiclesregister your vehicles..  New to Virginia? New residents must follow theNew to Virginia? New residents must follow the state’s title and registration deadline and requiremstate’s title and registration deadline and requirem within 30 days.within 30 days. Personal PropertyPersonal Property TaxTax
  11. 11. VehicleVehicle RegistrationRegistration There is a $33 local vehicle registration feeThere is a $33 local vehicle registration fee ($38 for vehicles over 4,000 pounds). There is($38 for vehicles over 4,000 pounds). There is no county windshield decal to purchase orno county windshield decal to purchase or display.display.  Residents within the towns of Clifton andResidents within the towns of Clifton and Herndon no longer need to display a decal.Herndon no longer need to display a decal. Payments for thePayments for the town vehicle registration feestown vehicle registration fees for Herndon and Clifton town residents will befor Herndon and Clifton town residents will be billed on the Fairfax County tax bills.billed on the Fairfax County tax bills. ContinuedContinued 
  12. 12. VehicleVehicle RegistrationRegistration Vienna town residents must pay a town vehicleVienna town residents must pay a town vehicle registration fee directly with the town ofregistration fee directly with the town of Vienna.Vienna.  Make sure your address and vehicleMake sure your address and vehicle jurisdiction are correct with the Virginiajurisdiction are correct with the Virginia Department of Motor Vehicles atDepartment of Motor Vehicles at www.dmvnow.comwww.dmvnow.com..
  13. 13. Real Estate TaxReal Estate Tax  A tax on the assessed value of real propertyA tax on the assessed value of real property and mobile homes based on 100 percent ofand mobile homes based on 100 percent of the fair market value as ofthe fair market value as of Jan. 1, 2016.Jan. 1, 2016.  The 2016 (Fiscal Year 2017) base realThe 2016 (Fiscal Year 2017) base real estate tax rate is $1.13 per $100 ofestate tax rate is $1.13 per $100 of assessed value.assessed value. ContinuedContinued 
  14. 14. Real Estate TaxReal Estate Tax Commercially zoned or used properties areCommercially zoned or used properties are subject to an additional $0.125 tax for thesubject to an additional $0.125 tax for the countywide transportation district.countywide transportation district.  Other tax rates or fees may apply.Other tax rates or fees may apply. ** IInformation on other special tax districtsnformation on other special tax districts..
  15. 15. Tax ReliefTax Relief  Property owners 65 or older, or individualsProperty owners 65 or older, or individuals who are permanently and totally disabled,who are permanently and totally disabled, may qualify for relief from some taxes andmay qualify for relief from some taxes and fees based on income and assets.fees based on income and assets.  Some active duty military personnel andSome active duty military personnel and spouses are exempt from personal propertyspouses are exempt from personal property tax (see next slide for disabled veterans).tax (see next slide for disabled veterans).  For more information on tax relief, visit ourFor more information on tax relief, visit our website or call 703-222-8234, TTY 711.website or call 703-222-8234, TTY 711.
  16. 16. Tax Relief forVets andTax Relief forVets and SpousesSpouses Veterans with permanent and totalVeterans with permanent and total disabilitiesdisabilities who qualify may be exemptwho qualify may be exempt from Real Estate Tax and eligible forfrom Real Estate Tax and eligible for reduced Personal Property (car) Tax relief.reduced Personal Property (car) Tax relief.  Surviving spouses of U.S. Armed ForcesSurviving spouses of U.S. Armed Forces members killed in action may be eligible formembers killed in action may be eligible for Real Estate Tax relief.Real Estate Tax relief.  For more information, go toFor more information, go to www.fairfaxcounty.gov/dta.www.fairfaxcounty.gov/dta.
  17. 17. Business, Professional andBusiness, Professional and Occupational LicenseOccupational License (BPOL)(BPOL)Businesses with gross receipts:Businesses with gross receipts:  Between $10,001 and $50,000 must file aBetween $10,001 and $50,000 must file a BPOL application and pay a $30 licenseBPOL application and pay a $30 license fee.fee.  Between $50,001 and $100,000 must payBetween $50,001 and $100,000 must pay a $50 license fee.a $50 license fee.  More than $100,000 must pay the BPOLMore than $100,000 must pay the BPOL tax rate for the particular categories.tax rate for the particular categories.
  18. 18.  Businesses with gross receipts of $10,000 or lessBusinesses with gross receipts of $10,000 or less do not need to file for a business license.do not need to file for a business license.  License applications must be filed and paid byLicense applications must be filed and paid by March 1 of each year or within 75 days of theMarch 1 of each year or within 75 days of the business start date.business start date. Business, ProfessionalBusiness, Professional andand Occupational LicenseOccupational License (BPOL)(BPOL)
  19. 19.  Businesses located in the City of Fairfax, City ofBusinesses located in the City of Fairfax, City of Falls Church and the towns of Clifton, Herndon andFalls Church and the towns of Clifton, Herndon and Vienna are not subject to the Fairfax County BPOLVienna are not subject to the Fairfax County BPOL tax. Contact those localities directly.tax. Contact those localities directly.  However, businesses operating within the towns ofHowever, businesses operating within the towns of Vienna, Clifton and Herndon need to file a Return ofVienna, Clifton and Herndon need to file a Return of Business Personal Property and Machinery andBusiness Personal Property and Machinery and Tools with Fairfax County.Tools with Fairfax County. Business, ProfessionalBusiness, Professional andand Occupational LicenseOccupational License (BPOL)(BPOL)
  20. 20. OtherTaxes andOtherTaxes and FeesFees Consumer Utilities Taxes:Consumer Utilities Taxes: •• Residential gas and electric: Maximum tax is $4 per month.Residential gas and electric: Maximum tax is $4 per month. •• Commercial electric: Maximum tax is $1,000 per month.Commercial electric: Maximum tax is $1,000 per month. •• Commercial gas: Maximum tax is $300 per month.Commercial gas: Maximum tax is $300 per month.  Communication Sales and Use Tax:Communication Sales and Use Tax: Statewide 5%. CommunicationsStatewide 5%. Communications Sales and Use Tax is levied on landline, wireless and InternetSales and Use Tax is levied on landline, wireless and Internet telephone services, as well as satellite TV and radio. Also included intelephone services, as well as satellite TV and radio. Also included in this tax is a charge of $0.75 per line per month for E-911.this tax is a charge of $0.75 per line per month for E-911.  Sales Tax:Sales Tax: State – 4.3%; regional transportation/NVTA 0.7%;State – 4.3%; regional transportation/NVTA 0.7%; Fairfax County – 1%.Fairfax County – 1%.  Cigarette Tax:Cigarette Tax: 30 cents per pack.30 cents per pack. ContinuedContinued  Effective July 1, 2016:Effective July 1, 2016:
  21. 21. OtherTaxes andOtherTaxes and FeesFees Hotel/Motel:Hotel/Motel: 6%: 2% general; 2% tourism; 2% regional6%: 2% general; 2% tourism; 2% regional transportation/NVTA (Towns only 4%: 2% tourism; 2% regionaltransportation/NVTA (Towns only 4%: 2% tourism; 2% regional transportation/NVTA. In addition, individual towns may also levy theirtransportation/NVTA. In addition, individual towns may also levy their own hotel/motel tax.)own hotel/motel tax.)  Recordation:Recordation: $.0833 per $100 value on sales. ($.06 per $100 on$.0833 per $100 value on sales. ($.06 per $100 on refinanced mortgages.)refinanced mortgages.)  Grantors Tax:Grantors Tax: County - $0.50 per $500 on value of deeds;County - $0.50 per $500 on value of deeds; Regional transportation/NVTA - $0.15 per $100 on value of deeds.Regional transportation/NVTA - $0.15 per $100 on value of deeds.  Dog Licenses:Dog Licenses: $10. Required for all dogs four months or older.$10. Required for all dogs four months or older.
  22. 22. PenaltiesPenalties  Late filing penalties for the late registrationLate filing penalties for the late registration of personal property.of personal property.  Late payment penalties for any tax not paidLate payment penalties for any tax not paid by the prescribed due date. Interest isby the prescribed due date. Interest is charged in addition to late penalties.charged in addition to late penalties.  Overdue taxes are subject to collectionOverdue taxes are subject to collection actions and additional collection fees.actions and additional collection fees.
  23. 23. FY 2017 Budget GeneralFY 2017 Budget General FundFund Click Links Below For Budget Charts:Click Links Below For Budget Charts: Where the Money Comes From…Where the Money Comes From… Where the Money Goes…Where the Money Goes…

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