Tangible Personal Property Forms (PDF) are mailed to taxpayers in January of each year. An informational Personal Property Brochure (PDF) is included with the forms providing detailed information regarding personal property taxes.
Assessments are based on 100% of loan value of the current year January edition of the National Automobile Dealers Association (NADA) official used car guide. Additional value is added for vehicles equipped with 4-wheel drive features. Surry County is a non-prorating locality. Taxpayers are assessed the full year for vehicles owned on January 1. Any vehicle purchased after January 1 will be taxed the following year.
Vehicle License Fee
A vehicle license fee of $20 for each motor vehicle and $10 for each motorcycle will be added to the tax bill due on or before December 5 of each year. Vehicles located in the Towns of Claremont, Dendron and Surry will be subject to decal/vehicle license fees as per the town ordinance.
Personal Property Tax Relief
The Virginia Personal Property Tax Relief Act of 1998 provides tax relief for personal use passenger cars, motorcycles, and pickup or panel trucks having a registered gross weight of less than 10,001 pounds. Motor homes, trailers and farm use vehicles do not qualify. A qualifying vehicle cannot be used over 50% for business purposes. For additional information on this tax relief, citizens may refer to the Personal Property Brochure (PDF) or find information on the Virginia Department of Motor Vehicles (DMV) website.
Business Personal Property &/or Machinery & Tools
Every person, firm, or corporation owning tangible business property and/or machinery and tools that were located within Surry County on January 1, of each year, must report the same on the Tangible Personal/Business Property Return (PDF) prescribed for that purpose to the Commissioner of the Revenue, on or before May 1 of each year.
High Mileage Discount
Vehicles with over 100,000 miles as of January 1 of the current year may be eligible for a discount. Proof of High Mileage must be submitted each year on or before May 1 in order to be eligible for the discount. The mileage submitted should be the mileage on the vehicle as of January 1 of the current year. Mileage will be updated each year if proof of the mileage is submitted.
If no updated mileage is received the discount will be based on the last mileage received. Proof of high mileage can be an inspection receipt, oil change receipt, repair receipt, etc., but must show the date, mileage and vehicle identification number (VIN).
The mileage discount will not exceed 40% of the current NADA clean loan value. The discount does not apply to motorcycles, motor homes or trucks not in the NADA book.
Personal Property Address Change Request
Taxpayers may request an address change for personal property online through e-Commissioner. A valid email address is required, and a PIN must be created. Prior to making a request for change of address, taxpayers should update the associated record with the DMV or the Department of Game and Inland Fisheries. All requests will be reviewed by the Commissioner of the Revenue's Office. An email response should be received within 10 days of the request.
Personal Property Add/Remove Vehicle Request
Taxpayers may register a new vehicle or remove a vehicle in personal property online through e-Commissioner. A valid email address is required, and a personal identification number (PIN) must be created. Prior to making a request for change of address, taxpayers should update the associated record with the DMV or the Department of Game and Inland Fisheries. All requests will be reviewed by the Commissioner of the Revenue's Office. An email response should be received within 10 days of the request.