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All real and tangible personal property, with limited exceptions, is subject to property tax. As of July 1 each year, the ownership, use and value of property are determined for the next calendar tax year.
Transportation > Division of Motor Vehicles > Vehicles > Registrations > Personal Property Tax Links
CHARLESTON, WV (WOWK) — It is probably the most dreaded and despised tax in West Virginia, but new relief is on the way. It’s all about refunding your annual personal property tax. For years West Virginians complained about having to pay personal property taxes on their vehicles.
On March 7, 2023, Governor Jim Justice signed HB 2526 immediately reducing the income tax in tax year 2023 by an average of 21.25%. The bill also provides for a number of refundable tax credits for payment of property taxes. The following information is initial guidance on the income tax rate cut. More guidance will follow as it becomes available.
In accordance with provisions of WV Code §§ 11-3-2, 11-3-12, and 11-3-15; all persons owning or controlling real or personal property subject to property taxation are required to render a property tax return to the Assessor.
West Virginia House Bill 2526, approved during the 2023 regular session of the West Virginia Legislature, immediately reduces the income tax in tax year 2023 by an average of 21.25 percent. The legislation also provides for a number of refundable tax credits for payment of property taxes.
Class I: Intangible personal property and certain personal property employed exclusively in agriculture. [No property is currently taxed in this classification.] Class II: Owner-occupied residential property used exclusively for residential purposes and all farm land used for agricultural purposes by its owner or bona fide tenant.
Personal Property Taxes. West Virginia residents, and non-residents, who own personal property located in West Virginia are required to pay personal property taxes, which are collected by the Office of the Sheriff. Taxes are payable semi-annually and are due on September 1 and March 1.
State taxes of major interest, including the corporation net income tax, the consumer sales and service and use taxes, the personal income tax, the property tax, and the severance tax, are discussed in detail. Incentives for business development and tax procedure are also discussed in detail.
BUCKHANNON, W.Va. (WBOY) — The strange workaround to get a rebate on your personal property taxes has been changed, according to Upshur County officials.