Treasurer
Tax Relief
RELIEF ACT OF 1998
Your tax bill has been reduced by 65% on the first $20,000 of value for your
qualifying vehicle. The commonwealth of Virginia will reimburse your
locality for this amount once you have paid the balance due shown on your
tax bill. If the value of your qualifying vehicle is $1,000 or less, your
tax has been eliminated and the commonwealth of Virginia’s share is 100%.
Tax relief was calculated using your locality's tax rates as of august 1,
1997.
WHAT VEHICLES QUALIFY FOR TAX RELIEF?
The personal property tax relief act of 1998 provides tax relief for
passenger cars,
motorcycles, and pickup or panel trucks having a registered gross weight of
less than 7,501 pounds. To qualify, a vehicle must be owned or leased
by an individual, and used less than 50% for business purposes. In
addition, motor homes, trailers, and farm use vehicles do not qualify for
tax relief.




