Personal Property Tax

Proration of Personal Property Tax began January 1, 1987, on all vehicles with the exception of boats, boat motors, personal water craft and mobile homes. Proration means taxes are prorated on a monthly basis and depends upon the portion of the year the property is located in a specific jurisdiction. Roanoke County does not prorate personal property tax on boats, boat motors or mobile homes.  Business Personal Property, Machinery and Tools are not prorated.  However, vehicles utilized in a business are prorated.

 Who Must File Personal Property Taxes?

All owners of vehicles including boats and boats motors are required by State Code §58.1-3518 to report any Personal Property to their local Commissioner of the Revenue's office.

• If you have moved here from out of state or from another Virginia locality you are required to report your vehicles
• If you purchased a new or used vehicle The above must be filed within 60 days to avoid a late filing penalty of 10% of the tax bill which includes the Car Tax Relief portion.

Late Filing Penalty

Taxpayers are required to report vehicle transactions within 60 days, this includes the purchase, transfer of a vehicle from another Virginia locality or from Out of State to avoid a 10% filing penalty of the full tax bill which includes the Car Tax Relief portion.  If you sale or dispose of a vehicle (s) you must report within 30 days.

Personal Property Tax Rate

The current  tax rate  is $3.50 per hundred dollars of assessed value. The Board of Supervisors sets new tax rates approximately April of each year. 

NADA Pricing Guide

Beginning January 2005, Roanoke County and Town of Vinton will be using the National Automobile Dealers Association (N.A.D.A.) program to assess cars, light weight trucks and motorcycles.  If the average loan is not available, we will use a percentage of Manufacturers Suggested Retail Price from the NADA book or from the New Car Cost Guide.  Some trucks are considered commercial trucks and will be assessed at ratio of percentage of cost.

Purchased in 2007 assessment ratio at 70% of original cost 
                     2006 assessment ratio at 60% of original cost
                     2005 assessment ratio at 50% of original cost
                     2004 assessment ratio at 40% of original cost 
                     2003 assessment ratio at 30% of original cost
Purchased prior to 2003 assessment ratio at 20% of original cost  

For Further Information call
(540) 772-2046 ext. 0 or email at 
lpowell@roanokecountyva.gov

Linda P. Powell
Master Deputy Commissioner
Personal Property Supervisor
Webmaster for Commissioner's Office