What is the tax rate in Fairfax County?

What is the tax rate in Fairfax County?

Sales and Use tax General Sales: Virginia – 4.3%; Fairfax County – 1%; plus an additional 0.7% state tax for transportation. Learn more about Virginia Motor Vehicle Sales and Use Tax. Food purchased for home consumption: Virginia – 1.5%, Fairfax County – 1%.

How much is the Fairfax County car tax?

The tax rate for most vehicles is $4.57 per $100 of assessed value. For properties included in a special subclass, the tax rate is $0.01 per $100 of assessed value.

How are Fairfax County property taxes calculated?

The first step in determining Fairfax County property tax rates is value assessment. The reassessed value then is multiplied by the home’s yearly property tax rate, resulting in the home’s annual property tax bill.

How much is property tax in Fairfax VA?

The current personal property tax rate is 4.13 per $100 of assessed value.

Does Fairfax County have a meal tax?

Arlington, Alexandria, Fairfax City, Falls Church City and the towns of Herndon and Vienna in Fairfax County, all impose a meals tax. Fairfax County residents pay that tax when eating or purchasing prepared food in those jurisdictions.

How is Fairfax County car tax calculated?

To calculate the tax on an item assessed at value (for example $5,000), divide the assessed value by 100 and then multiply by the tax rate: The current tax rate is $4.57 per $100 of assessed value.

How much is vehicle tax in VA?

Code § 58.1-2402, Virginia levies a 4.15% Motor Vehicle Sales and Use (SUT) Tax based on the vehicle’s gross sales price or $75, whichever is greater. For the purposes of the Motor Vehicle Sales and Use Tax collection, gross sales price includes the dealer processing fee.

How much are taxes on land in VA?

With an average effective property tax rate of 0.80%, Virginia property taxes come in well below the national average of 1.07%.

How much is VA property tax on cars?

The current tax rate for most all vehicles is $4.20 per $100 of assessed value.

Are property taxes high in Virginia?

Homeowners in the state of Virginia pay property tax rates that are well below the national average of 1.07%. Home values are quite high in Virginia, though, so homeowners here often pay annual property tax bills that are much more in line with national marks.

What are real estate tax rates in Fairfax County VA?

State law allows a maximum rate of up to $0.125 per $100 of assessed valuation to be levied for this tax. The revenue raised is used for transportation purposes in Fairfax County, subject to appropriation by the Board of Supervisors.

How does the Fairfax County tax administration work?

The Department of Tax Administration’s (DTA) Real Estate Division is tasked with collecting data for all real property in Fairfax County. DTA uses that data to annually assess real property in a fair and uniform manner at estimated fair market value as of January 1 of each year.

When do real estate assessments come out in Fairfax County?

Real estate assessments are released in February and notices are mailed to every property in the county. Once tax rates are set by the Board of Supervisors, taxes are calculated and bills are generated.

Is there a transportation tax in Fairfax County?

Fairfax County lies within the boundaries of NVTA, and pursuant to that 2007 state legislation, the County is authorized by law to separately classify certain commercial and industrial property for the transportation tax.

What is the tax rate in Fairfax County? Sales and Use tax General Sales: Virginia – 4.3%; Fairfax County – 1%; plus an additional 0.7% state tax for transportation. Learn more about Virginia Motor Vehicle Sales and Use Tax. Food purchased for home consumption: Virginia – 1.5%, Fairfax County – 1%. How much is the…