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 Hanover County Virginia - Real estate tax relief applications for elderly  and disabled open Jan  2  02 January 2024 ( news )

Hanover County Virginia - Real estate tax relief applications for elderly and disabled open Jan 2 02 January 2024 ( news )

Hanover County , state Virginia
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   Hanover County will begin accepting applications in January for its real estate tax relief program for elderly or permanently disabled residents . Participants save an average of $1 , 750 on their tax bill and nearly half pay no County real estate tax at all .  
   This year the Board of Supervisors substantially expanded the program by increasing both the income threshold and the amount of tax relief available .
   To qualify , property owners must be age 65 or older or permanently disabled . They must have a net worth of $400 , 000 or less and a combined household gross income below $60 , 000 . Net worth does not include the value of one’s home and up to 10 acres of land surrounding it .  
   Tax relief is based on a sliding scale . Qualified residents with income of less than $30 , 000 will pay no tax; those with an income of $30 , 001 - $40 , 000 receive 80% tax relief; those with an income of $40 , 001 - $50 , 000 receive 55% tax relief; and those with an income of $50 , 001 - $60 , 000 receive a 30% reduction .
   Last year , Hanover’s tax relief program saved qualifying County residents $2 . 3 million in real estate taxes .  
   Applicants must own their property and have lived on it on Dec . 31 . Those in a hospital or extended - care facility may qualify if their home is not rented or leased . Disabled applicants must provide certification of disability . All information is kept confidential .
   “This is a great program designed to help those taxpayers who most need the help , ” said Scott Harris , Hanover’s Commissioner of the Revenue . “The increases in tax relief now available are very welcome to a large segment of our population . We invite all residents who think they might qualify to call our office . ”
   The application period starts Tuesday , Jan . 2 and ends Thursday , March 21 . Residents can download the form at
   https://bit . ly/48pKpR6or call the Commissioner of the Revenue at 804 - 365 - 6128 .  
   

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Hanover County
Local news- Press Release

Hanover County Virginia : Real estate tax relief applications for elderly and disabled open Jan 2

Hanover County , state Virginia

Hanover County will begin accepting applications in January for its real estate tax relief program for elderly or permanently disabled residents . Participants save an average of $1 , 750 on their tax bill and nearly half pay no County real estate tax at all . [ . . . ]

Tags:
relief . estate . County . Hanover . Virginia . applications . elderly . disabled . January . begin .
substantially . certification . applications . Participants . confidential . Commissioner . permanently . Supervisors . surrounding . information .
https://thepressreleaseengine.com/Real+estate+tax+relief+applications+for+elderly+and+disabled+open+Jan++2+-lnid2024-2258-175022
relief ; estate ; County ; Hanover ; Virginia ; applications ; elderly ; disabled ; January ; begin ;
substantially ; certification ; applications ; Participants ; confidential ; Commissioner ; permanently ; Supervisors ; surrounding ; information ;
begin January disabled elderly applications Virginia Hanover County estate relief
information surrounding Supervisors permanently Commissioner confidential Participants applications certification substantially
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