Tax Information & Deadlines

BUSINESSES

2007 Business Gross Receipts Taxes are due by April 30, 2008. At that time you also need to submit your declaration of your Business Tangible Personal Property. You will be sent an Invoice for the Personal Property. That will be due by June 30, 2008.

Published List of Delinquent Real Estate Taxes 5-5-08

Real Estate

2007 Real Estate Tax Assessments were due March 1, 2008. Penalties have now been applied to delinquent invoices. 

You may want to contact your Mortgage Company, if you have an Escrow account, to make certain that Real Estate Property Taxes are paid by the due date of March 1st.

As a seller.......be advised that the Town of Haymarket does not prorate taxes.  If you have sold your home during the year, taxes should be prorated to the purchaser, and the purchaser will be responsible for the entire year.

As a Purchaser........

Code of Virginia (Section 58.1-3340 Lien on real estate for taxes and levies assessed thereon; responsibility of purchaser at sale; lien on rents.):

“There shall be a lien on real estate for the payment of taxes and levies assessed thereon prior to any other lien or encumbrance. The lien shall continue to be such prior lien until actual payment shall have been made to the proper officer of the taxing authority. The purchaser at a sale shall cause the proceeds to be applied to the payment of all taxes and levies assessed on real estate, the provisions of § 55-59.4 notwithstanding…….”

This means any purchaser at the sale of property, has the duty to ensure that the proceeds from the sale satisfy the taxes assessed against the property, and can be held personally liable for the amounts not remitted.

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Personal Property Tax

Personal Property Taxes were also due on March 1, 2006 for the year 2005.   If your vehicle was housed/garaged in the Town of Haymarket between January 1 and January 15, 2005, you owe the full amount of the tax for that year.  Again, the Town of Haymarket does not prorate taxes.

PERSONAL PROPERTY TAX FOR VEHICLES FOR THE TOWN HAS BEEN ELIMINATED EFFECTIVE 2006.

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Business License

Gross Receipts Declaration for Professional and Occupational License for Tax Year 2007 are due by April 30, 2008.  A 10% late penalty and 10% interest (per annum) will be added for any payments after April 30th.

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For Prince William County Tax information, click the following link:

http://www.co.prince-william.va.us/default.aspx?topic=030011001170002047

TAX DUE DATES:

Real Estate Taxes:   March 1 (annually)

Business Gross Receipts:  April 30 (annually)

Declaration of Business Tangible Personal Property:  April 30 (annually)

Town Decals: 30 days upon moving into Town