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.
Late Filing Penalty
- If you have moved here from out of state or from another Virginia locality you are required to report your vehicles within 60 days to avoid a 10% late filing penalty.
- 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.
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
Commissioner of the Revenue’s office utilizes the National Automobile Dealers Association (N.A.D.A.) program and books to assess cars, light weight trucks, motorcycles, recreation vehicles, boats, boat motors and manufactured housing (mobile homes) for Roanoke County and Town of Vinton.
For more Information call (540) 772-2046 then press 2, or email:
Kathy H. Gardner
Master Deputy Commissioner
Personal and Business Personal Property Supervisor