Virginia Department of Motor Vehicles. Virginia Workers' Compensation Commission. Below you will find all City of Richmond locality taxes pertaining to business operation in the city. Tax categories are complete with tax descriptions, frequently asked questions, necessary forms, and links to external information.
If you have additional questions, please contact the Department of Finance. What types of events are required to collect and remit the Admissions Tax to the City? Examples of the types of events that would be required to collect the Admissions Tax would be a circus, a fair, any type of sporting event, an automobile race and a theatrical performance. Also, businesses such as restaurants, hotels and the like that charge an admission fee to enter the establishment for an event, e.
If there are any questions regarding the collection of the Admissions Tax, please contact the Assessment Office at What is the Admissions Tax rate? What is the due date of Admissions Taxes? Admissions Tax remittances are due on the 20th day of the month following the month in which they were collected.
For example, admissions taxes collected in January are due to be remitted to the City by February How are Admissions Taxes reported and paid to the City of Richmond? The Department of Finance provides businesses that may be subject to the Admissions Tax a coupon booklet that has a coupon for each month. The business entity completes the coupon by recording the gross charges for admissions collected in the preceding month and calculates the tax amount due.
The coupon, i. Are there any charges for remitting the Admissions Tax payment late? Is there a penalty for not remitting Admission Tax payments? The Admissions Tax is considered a trust tax. That is, the business is collecting the tax on behalf of the City from its patrons and holding it in trust for the City of Richmond. Failure to collect the tax or the failure to remit the taxes collected is subject to severe legal actions by the City to enforce the collection and remittance of the Admissions Tax.
Are there any exemptions to the Admissions Tax? No admissions tax shall be collected by museums, botanical or similar gardens, or zoos pursuant to the Richmond City Code. How do I appeal a determination regarding the assessment of Admissions Taxes? An administrative appeal may be filed concerning Admissions Taxes with the Director of Finance of the City of Richmond at the following address:. What is the Bank Franchise Tax? What is the Bank Franchise Tax rate? What if a bank has branches located outside the corporate limits of the City of Richmond?
If a bank has offices in the City of Richmond and one or more political subdivisions in the Commonwealth of Virginia, the bank franchise tax is assessed based on the percentage of the total deposits of the bank, or offices located inside the City of Richmond, to the total deposits of the bank as of the end of the preceding year.
What if a bank has not been in business all of the preceding calendar year? If a bank did not operate for the full twelve month period preceding the January 1 tax date, the bank franchise tax is prorated as follows, based on when the bank began transacting business:. What is the due date of the Bank Franchise Tax Return?
What is the penalty for the late payment of Bank Franchise Taxes? Owners of businesses within the Richmond city limits are required to obtain a Richmond business license annually. The business license identifies the business and serves as base for imposing business taxes.
Before you make the business license renewal, you must obtain your "Certificate of Zoning Compliance". Contact Planning and Development Review for more information. Payment: Return bottom portion of the application with your payment payable to the City of Richmond by March 1. The application must be signed in order for the license to be valid. The city of Richmond must be named as co-insured.
All Food Vendors must provide a current copy of "Health Certificate. Do I need a license to operate my business in the City of Richmond?
YES , in most cases any person, firm, corporation, LLC or other form of business entity is required to obtain a business license before they begin conducting business in the City of Richmond.
For more detailed information regarding the activity in which you will be engaged and a determination concerning its taxable status, please contact our Assessment Office at When must I get a business license? A new business is required to obtain a business license prior to beginning business in the City. A business that is renewing its business license must do so before March 1. What is the cost of a business license?
What are the types of business subject to the BPOL tax and what are the tax rates applicable to each one? The major business types are noted in the table below. Fixed rate licenses may be in addition to the license applicable to one of the business types noted below.
What if my business is involved in more than one type of business activity? Each business location and each business activity is subject to the business license tax. A business engaged in more than one activity, e. Do I need a license to peddle or be a sidewalk vendor in the City of Richmond? The flat rate fees for a peddler and sidewalk vendor licenses are as follows:.
The tangible personal property tax is a tax based on the value of the property, commonly referred to as an ad valorem tax. Tangible personal property is the property of businesses in the city of Richmond. What is considered business personal property? Personal property, e. This does not include vehicles used in the business, as these are separately assessed.
How are business personal property taxes assessed? Business personal property is self-assessed by the owner of the property based on the original cost of the property, the year it was acquired and the type of property. There are two types of business personal property: 1 Furniture, Fixtures and Equipment and 2 Programmable Computer Equipment. Below are the tables for the assessment ratios for each of these classes of business personal property:.
What is the process for reporting and paying business personal property taxes in the City of Richmond? The filing and payment of business tangible personal property taxes in the City of Richmond is a two-step process:. Step 1: The business completes a Business Tangible Personal Property Tax Return, including a fixed asset schedule and schedule of leased equipment, and files the return with the City of Richmond on, or before, March 1 of each tax year.
Step 2: Remit payment of the taxes due, as presented on the Tax Return and subsequent bill from the City of Richmond on or before June 5. Please contact our Revenue Administration personnel at in the event you do not receive either the tax return or bill prior to the date it is due to be filed or taxes remitted.
Both Virginia and City law place the responsibility for obtaining the necessary information to file and remit taxes by the due date s on the taxpayer without being called upon to do so by the local tax official.
Our responsibility is to notify taxpayers, in a paper of general circulation, of the tax due dates and issue tax bills not less than fourteen 14 days prior to the due date. The Department of Finance advertises the tax due dates in several local newspapers, as well as on our City web site and issues tax bills to the address of record in our system thirty 30 days before the due date. What is the penalty for failure to file a tax return or payment by the due date?
What if I do not agree with the assessed value of my property? Can I appeal the tax assessment? There are several options available for a taxpayer to appeal their property tax assessment:.
The Cigarette Tax is a tax levied and collected by sellers and dealers of packaged cigarettes. The tax is imposed through the purchasing of stamps by sellers and dealers which must be affixed to cigarette packs if they are to be sold in the City of Richmond. Is there a floor tax associated with the cigarette tax? As of July 1, all cigarettes sold within the city limits of Richmond must have a locality stamp supplied by the City of Richmond.
Distributors are purchasing heat applied stamps and retailers will see these in the near future. However, retailers must buy stick on stamps for cigarette packages that do not have heat applied stamps. Where can I obtain cigarette tax stamps? Every dealer and seller in the city shall have the right to buy such stamps from the Director of Finance and to affix the same to packages of cigarettes. These stamps can be purchased via mail using the distributor or retailer form or can be purchased in person from the following location:.
City Hall — E. Broad Street, Room What forms of payment are accepted for cigarette tax stamps? Please note that personal or business checks must clear prior to order fulfillment — if you require cigarette tax stamps immediately another form of payment is preferred. What is defined as a cigarette or package? A cigarette means any slender roll of cut tobacco enclosed in paper and meant to be smoked.
A package more colloquially referred to as a pack means any box, can, or other container of any cigarettes, regardless of the material from which such container is made, to which the internal revenue stamp of the United States government is required or was formerly required to be affixed and in which retail sales of such cigarettes are normally made or intended to be made. As a dealer or seller, what does this mean for my cigarette inventory and record keeping?
Every local dealer and seller shall maintain and keep, for a period of two years, records, books, and invoices of cigarettes sold and delivered by such dealer or seller. These records, books, and invoices of cigarettes sold must be made available to the Finance Department, upon demand, at all reasonable times.
Every local dealer and seller must make any and all of its cigarettes available for examination at any location where the same are placed, stored, sold, offered for sale, or displayed for sale. Is there a penalty for nonpayment of the cigarette tax? For any amount of the imposed tax found to be overdue and unpaid there will be a penalty of ten percent as well as interest due on the total amount of nine percent per year.
In addition, if the Finance Department discovers any cigarettes, in quantities of more than six cartons, within the city that are subject to the cigarette tax and do not have affixed cigarette tax stamps, the Finance Department may seize such cigarettes. These cigarettes will be deemed forfeited to the City and, after notice, subject to sale.
No credit from such sale shall be allowed towards any tax or penalties and interests owed. Any person violating any provision of the City of Richmond cigarette tax ordinance shall be guilty of a Class 1 misdemeanor. The Daily Rental Property Tax Daily Rental Tax is a tax levied and collected by "daily rental businesses" from the lessee of the daily rental property at the time of the rental.
The Daily Rental Tax is in lieu of the tangible personal property tax on daily rental property. What is Short-term Rental property? All tangible personal property held for rental and owned by a person engaged in the short-term rental business.
What is a short-term rental business? Short-term Rental Property Taxes are remitted to the City of Richmond on a quarterly basis as follows:. How does a business qualify as a short-term rental business with the City of Richmond? A business qualifies as a short-term rental business by 1 completing an application that provides the Department of Finance with the necessary information to determine that the business meets one of the two definitions in the Virginia Code as a short-term rental business and 2 receipt of a certificate of registration signed by the Director of Finance for the City of Richmond.
Can a short-term rental business lose its certification as a short-term rental business? What are the consequences of a short-term rental business losing its certification as a short-term rental business? When a business loses its certification as a short-term rental business, all of the rental property of the business is subject to the business personal property tax for the tax year in which such certification is lost and any subsequent tax years until such time as the rental business obtains recertification.
Can a business that loses its certification as a short-term rental business be recertified? Are there any exemptions from the Short-term Rental Property Tax? The following rentals are exempt from the Short-term Rental Property Tax:. The City of Richmond has been actively outsourcing the administration, billing, and collections of false alarms.
These enhanced services are designed to increase customer service and raise awareness regarding the importance of reducing false alarms and the impact it has on emergency responders. Citizens may register their alarms for free through the online service ensuring accurate and updated contact information.
The city is even offering a false alarm reduction online class at no cost to citizens. Along with these new services, all false-alarm-related fees can be paid by check and mailed in for processing. As an added convenience, web payments can be made online with any major credit card.
Payments for false alarms will no longer be taken in person at City Hall or other locations. To check out the new site, register your alarm, or make a payment, visit Cry Wolf. To contact customer service regarding questions about your false alarm bill, call toll-free The lodging tax is assessed, collected and remitted to the city of Richmond by hotels, motels, boarding houses, travel campgrounds and other such facilities offering guest rooms for rent for continuous occupancy for fewer than 90 consecutive days.
What is the Lodging Tax? What is the Lodging Tax rate in the City of Richmond? How are Lodging Taxes remitted to the City of Richmond? The Department of Finance issues coupon booklets to businesses in the City of Richmond that are subject to meals, lodging and admissions taxes. These coupons have a place for the business to record their gross rental receipts and calculate the total Lodging Taxes due the City of Richmond.
What is the due date for Lodging Tax remittances to the City of Richmond? Lodging Taxes remittances are due on the twentieth 20th day of the month following the month in which the business collecting the taxes on behalf of the City collected them from the consumer. For example, taxes collected during the month of January from people renting rooms at hotels, motels, etc.
For what purpose does the City use Lodging Taxes? As part of the agreement with the other localities involved in forming GRCCA, the City agreed that its contribution to the operations, etc.
Are there any exemptions from the Lodging Tax? There is no specific exemption for members of the Virginia General Assembly for their stay in Richmond during legislative sessions in either the Virginia Code or Richmond City Code. Also, General Assembly Sessions are either 45 or 60 days, unless extended for some reason. Can I appeal a Lodging Tax assessment? An administrative appeal may be filed with the Director of Finance for the City of Richmond or an appeal may be filed with the Richmond Circuit Court.
The machinery and tools tax is levied on the machinery and tools that are used for manufacturing, mining, processing or reprocessing, radio or television broadcasting, dairy, dry cleaning or laundry business.
What is Machinery and Tools? Machinery and Tool is any machinery and equipment used in a manufacturing, mining, water well drilling, processing or reprocessing, radio or television broadcasting, dairy, dry cleaning or laundry business. This includes computer equipment used in those business processes. June 5. Step 1 is the filing of the return by March 1.
Step 2 is the payment of the tax assessment by June 5. How is the assessed value of machinery and tools determined? Machinery and tools are assessed based on a percentage or percentages of the original total capitalized cost, excluding capitalized interest. On or before April 1, specifically identify in writing to the Director of Finance machinery and tools that you intend to withdraw from service the next succeeding tax day and for which there is no reasonable prospect that such machinery and tools will be returned to use during that tax year.
The Meals Tax is a tax on consumers obtaining prepared food and beverages in restaurants, from street vendors or other food establishments in the city of Richmond. A meal is any prepared food or drink offered or held out for sale by a food establishment for the purpose of being consumed by any person to satisfy the appetite and that is ready for immediate consumption.
What is the Meals Tax rate in the City of Richmond? When are Meals Taxes due to the City of Richmond? The twentieth 20th day of the month following the month in which the taxes are collected, or should have been collected, from the consumer. For example: Meals Taxes collected from consumers in January are due to be remitted to the City of Richmond on or before February Does the meal, or prepared food, have to be consumed on the premises of the business where it is purchased to be taxable?
Does a caterer have to collect and remit Meals Taxes to the City of Richmond? It depends. Yes , for a caterer whose business is located in the City of Richmond, regardless of the place of service of the prepared food. Are beverages such as soda, beer, water and others that are in a can, bottle or other factory sealed container subject to the meals tax?
No, alcoholic and non-alcoholic beverages sold for off-premise consumption in factory sealed containers are exempt from the Meals Tax. Also, a food establishment shall include private property outside of and contiguous to a building or structure operated as a food establishment at which food or food products are sold for immediate consumption. The following items , when served exclusively for off-premise consumption, are exempt from the Meals Tax:.
The following businesses are not subject to the Meals Tax, except for any portion or section of the business that contains prepared food and beverage operations:. Are gratuities subject to the Meals Tax? Utility taxes are consumer taxes for the use or consumption of certain utility services, e. These are taxes based on your consumption of the respective electricity or gas services. What are the City tax rates for electricity and gas services?
As a result of legislation adopted by the Virginia General Assembly, the city tax rates are based on the per kilowatt hours KwH of electricity and per hundred cubic feet CCF of gas services consumed each month.
The following table contains the current city tax rates for each respective service by service category residential, commercial, industrial. What are the taxes I see on my telephone and cable television bills? There are several taxes that appear on these bills. Some are local, some state and some federal, depending on the service.
These taxes are assessed and collected by the Commonwealth of Virginia, Department of Taxation and remitted to local governments based on a formula established in by the Virginia General Assembly. I do not live in the City. Why are City related taxes appearing on my bill? Or, I live in the City but see taxes for other localities, such as Chesterfield County and Henrico County, on my bill.
In either of these situations, we recommend you do the following:. What is the E tax? The E tax is a consumer tax on the user of the service to support the local costs of providing the enhanced service for emergency services, e. These funds are used for both personnel and infrastructure costs, e. Penalty and interest are amounts assessed for the failure to file or pay taxes by the respective due date s for those taxes. If I fail to pay my taxes by the tax due date, what is the amount of penalty and interest assessed by the City of Richmond?
Interest accrues on the balance due daily until the date of payment. If I do not receive my tax bill, am I still assessed penalty or interest for failing to pay the taxes by the tax due date? The failure to receive a tax bill does not relieve the taxpayer from their responsibility to obtain the necessary information regarding the tax amount due and remit it by the due date without being called upon to do so by the local tax official.
The local tax official for the City of Richmond is the Director of Finance. Is the penalty different for business personal property than individual personal property? Businesses are required to 1 file their business tangible personal property tax return by the March 1 due date for filing the returns and 2 pay the taxes assessed by the June 5 tax due date. June 5 tax due date was effective for the tax year. For prior tax years, the due date was May 1. Are there any conditions, or circumstances, under which penalty and interest are not assessed for late filings or payments?
Following are the circumstances under which penalty and interest may not be assessed:. The failure to file and remit these taxes in a timely manner can result in criminal charges, e. Business license applications received for sidewalk and street vendors will be referred to the Public Health Department for regulatory review and approval.
To learn more about the permitting, public health reviews, and licensing information for sidewalk and street vendors see our How do I get a Sidewalk or Street Vendor's Guide..
Business license applications received for the following categories will be referred to the Police Department for regulatory review and approval:. To contact City of Richmond Customer Service, please call or RVA Burger Menu. Capital Improvement. Marcus Alert. Special Event Planning. City News. Adult Drug Court. Animal Care and Control.
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Complaints Process. All Plumbing Contractors performing plumbing in the City of Richmond shall be required to be registered with the City Enforcement Authority of said City. Contractors must license with the City prior to registering online. What's Happening Doing Business Living. Contractor Licensing. Employment o its found. Joanne Buroker vburoker richmondindiana.
Regardless of license, all work must adhere to all building codes and zoning regulations. Plumbing Contractors All persons performing plumbing in the City of Richmond shall be licensed by the State of Indiana as either one of the following: 1 a Plumbing Contractor, 2 a Journeyman Plumber under the supervision, direction and responsibility of a licensed Plumbing Contractor, or 3 an Apprentice Plumber under the direction and immediate supervision of a licensed Plumbing Contractor or a licensed Journeyman Plumber.
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