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Smyth County Treasurer's
Office
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.
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Web
Disclaimer & Privacy Policy
Official site of Smyth County,
Virginia
121
Bagley Circle, Suite 100, Marion, VA 24354 Phone:(276)783-3298
Fax:(276)783-9314
For technical questions about this
site please contact the
webmaster
Last
Updated
Tuesday, April 24, 2007
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