Taxes
Goochland County real estate tax rate has remained at $0.53/$100 of assessed value since 2008. Other business-related taxes, such as machinery and tools, have also remained stable over the past 10 years.
| Tax | Amount Per $100 of Assessed Value |
|---|---|
| Real Estate Tax | $0.53 |
| Tuckahoe Creek Service District | $0.32 (ad valorem tax) |
| Type of Personal Property | Amount Per $100 of Assessed Value |
|---|---|
| Automobiles/Trucks | $3.75 |
| Fire - Rescue | $.0001 |
| Trailers - Boats | $3.75 |
| Business Personal Property | Effective Rate per $100 Assessed Value |
|---|---|
| Assessment Year 1 | $2.25 |
| Assessment Year 2 | $1.68 |
| Assessment Year 3 | $1.40 |
| Assessment Year 4 | $1.12 |
| Assessment Year 5+ | $0.75 |
| Machinery & Tools Tax | Effective Rate Per $100 Assessed Value |
|---|---|
| Assessment Year 1-5 | $0.75 |
| Assessment Year 6-10 | $0.56 |
| Assessment Year 11+ | $0.37 |
| Type of Business | Amount Per $100 of Gross Receipts Over $50,000 |
|---|---|
| Business, Contractor, Hotels, Personal Services | $0.10 |
| Financial, Professional, Specialized Services | $0.15 |
| Mail-Order Firms | $0.05 |
| Retailers | $0.05 |
| Wholesalers/Distributors | $0.025 |
| $0-$50,000 Gross Receipts | No Fee |
| Tax | Effective Rate Per $100 of Assessed Value |
|---|---|
| Business Personal Property For Data Centers | $0.24 |
For additional information please visit:
State Taxes
| Tax | Amount Per $100 Assessed Value |
|---|---|
| Corporate Income Tax | 6.0 % |
| Individual Income Tax | - |
| Income: Over $0 but not over $3,000 | 2 % |
| Income: Over $3,000 but not over $5,000 | $60 + 3% of excess over $3,000 |
| Income: Over $5,000 but not over $17,000 | $120 + 5% of excess over $5,000 |
| Income: Over $17,000 | $720 + 5.75% of excess over $17,000 |
| Sales and Use Tax | 5% (4% state + 1% local) |
For more information, please visit the Virginia Department of Taxation website.