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ELDERLY/DISABLED PERSONAL PROPERTY TAX RELIEF Your 2015 Personal Property Tax may be reduced. This reduced rate is available to taxpayers qualified under the provisions of Code of Virginia, Title
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Virginia Beach personal property consists of tangible assets held by individuals or businesses and includes items such as vehicles, boats, aircraft, machinery, equipment, and furnishings.
Individuals and businesses who own personal property located in Virginia Beach are required to file a personal property tax return with the city's Department of Revenue.
To fill out the Virginia Beach personal property tax return, individuals and businesses need to provide information about their personal property, including descriptions, values, and other relevant details. The completed tax return can be submitted online, by mail, or in person.
The purpose of Virginia Beach personal property tax is to generate revenue for the city's budget. It helps fund local government services and infrastructure projects.
The information that must be reported on Virginia Beach personal property tax return includes a detailed description and estimated value of each item of personal property owned. Supporting documentation, such as vehicle registration, may also be required.
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