Loudoun County vehicle owners will soon receive their personal property tax bills and many are observing that their used vehicles have increased in value and their car tax bills may be higher than they expected.
In the wake of the COVID-19 pandemic, the values of used vehicles remain above pre-pandemic levels. According to the Loudoun County Commissioner of the Revenue, the values of many of the used vehicles in the county went up over the last year.
Loudoun County has taken several steps to help reduce personal property tax bills. Here are three noteworthy things to know about this year’s personal property taxes in Loudoun County:
For property located in Loudoun County as of January 1, 2023, the first-half personal property tax bills are due May 5 and second-half personal property tax bills are due October 5. These bills will reflect the 95% assessment ratio and increased personal property tax relief on qualified personal use vehicles of 33%.
Anyone with questions about the assessed values of their vehicles may contact the Office of the Commissioner of Revenue by email or by calling 703-777-0260.
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