Business Personal Property
Tax
Pittsylvania County assesses
Business Personal Property, Merchants' Capital and Machinery and Tools owned
as of January 1 of the tax year. Business Personal Property (furniture,
fixtures, heavy equipment and hand tools) is assessed at a percentage of the
cost ranging from 30% - 5% depending on the year acquired. The tax rate set
by the Board of Supervisors is the same as Personal Property - $7.75 per
$100 assessed value. Merchants' Capital is assessed at 30% of the fair
market value and the tax rate set by the Board of Supervisors is $2.75 per
$100 assessed value. Machinery & Tools is assessed at 10% of original
capitalized cost and the tax rate set by the Board of Supervisors is $4.50
per $100 assessed value. Businesses are requested to file an itemized list
of personal property and equipment declaring the date of acquisition and
original cost. The return must be filed by February 15th. Any questions concerning
the Business Personal Property Tax should be directed to (434)
432-7940.
Business License
At the present time Pittsylvania
County does not require a business license except for the following:
-
Solid Waste Vendors - Required
to get prior approval through the Board of Supervisors. Fee consists of
$50.00 per vehicle.
-
Bondsman - Required to get
prior approval from the Circuit Court Judge. Fee - $50.00
-
Amusement - Contact office for
fees.
-
Dance Hall - Approved and
issued by County Administrator
Any business locating or planning
to do business in one of the Towns must check with the Town office for any
license fees. New businesses should contact this office for the proper
reporting forms for personal property taxation and Code Compliance (434)
432-7750 to insure the business location is properly zoned.
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