Personal Property returns (business and personal) are due on May 1. Any boats, trailers, business personal property must be reported on a form provided by the Commissioner’s Office for proper assessment information. (King William County Code - Tax on Tangible Personal Property)
The relief amount is determined annually for qualified vehicles valued between $1,000 and $20,000. In general a vehicle qualifies if it is privately owned for personal use. Trucks must have a gross weight of 7,500 pounds or less. Motorcycles may also qualify.
The Personal Property Tax Relief Act (PPTRA) was changed in 2006 to allocate a set amount of relief annually to each locality. The tax relief for qualifying vehicles in King William County for 2023 is 26.49%.
Vehicles with high mileage are eligible to have their assessed value lowered due to high mileage. An application must be submitted to the Commissioner of the Revenue Office each year by May 1st..
An Application for High Mileage Discount Form (PDF) and supporting documentation, such as inspection certification or oil change receipt, are due by May 1.
Direct inquiries about vehicles or assessments and any other Personal Property Tax issues to the Commission of Revenue Office by email or call 804-769-4942.