Personal Property

Personal Property Tax Relief

The relief amount is determined annually for qualified vehicles valued between $1,000 and $20,000. In general a vehicle qualifies if it is privately owned for personal use. Trucks must have a gross weight of 7,500 pounds or less. Motorcycles may also qualify.

The Commissioner of the Revenue is responsible for determining whether a vehicle qualifies or not. The Personal Property Tax Relief Act was changed in 2006 to allocate a set amount of relief annually to each locality. The tax relief for qualifying vehicles in King William County for 2020 is 35%.

Personal Property Returns

Personal Property returns (business and personal) are due on May 1. Any boats, trailers, business personal property must be reported on a form provided by the Commissioner’s Office for proper assessment information.

  1. 2021 King William Business Return of Tangible Personal Property Form

MILEAGE ADJUSTMENTS

Information for high mileage adjustments must be reported to the Commissioner of the Revenues Office. Please provide the Commissioners Office with documentation, such as inspection certification or oil change receipt, by May 1.

Please complete the Application for High Mileage Discount Form (PDF). No adjustments will be made after this date. Any other inquiries about vehicles or assessments on your personal property tax bills should also be directed to the Commissioners Office.

CONTACT

For additional information on Personal Property issues, please contact us by email.

Veterans with 100% Service-Connected Disability may apply for Personal Property Tax Relief by filling out the form attached below and returning it to the Commissioner of the Revenue's office.

Veterans with 100% Service-Connected Disability Personal Property Tax Relief Form