Q: When are Lafayette County property taxes due for 2024-2025?
A: The deadline has been extended to March 3, 2026 due to emergency proclamation. There is an automatic 14-day grace period for car tags.
Q: What homestead tax credits are available and do I need to apply?
A: Mississippi offers a homestead tax credit that helps limit assessment increases for owner-occupied residences. You must apply annually with the Tax Assessor's office and maintain Mississippi residency. Military personnel stationed outside Mississippi can qualify if they claim Mississippi residency.
Q: How does the homestead credit work?
A: The homestead credit limits how much your assessment can increase annually rather than reducing your home's assessed value. You must file an application and cannot claim residency in another jurisdiction for income tax purposes.
Q: What happens if I pay my property taxes late?
A: Late payments incur penalties and interest. Contact the Lafayette County Tax Collector for specific penalty rates and payment options if you've missed the deadline.
Q: How often are properties reassessed in Lafayette County?
A: Mississippi law requires periodic reassessment, though schedules vary. Contact the Lafayette County Tax Assessor for current reassessment schedules and appeal procedures.
Q: Can I pay my property taxes online?
A: Contact the Lafayette County Tax Collector's office to confirm current online payment options and accepted payment methods.
Q: Why is my tax rate different from my neighbor's?
A: Tax rates vary based on special taxing districts, municipal boundaries, and school districts. Oxford residents pay additional municipal taxes, and various special districts may apply depending on your property's location.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed with the Lafayette County Tax Assessor within specified timeframes. Contact the assessor's office for current appeal procedures and deadlines.
Q: Do senior citizens qualify for additional tax credits?
A: Contact the Lafayette County Tax Assessor to inquire about age-based tax credits and application requirements, as these require separate applications and eligibility verification.
Q: What documentation do I need for tax credit applications?
A: Requirements vary by credit type, but typically include proof of residency, ownership documentation, and income verification where applicable. Contact the Tax Assessor's office for specific requirements for each available credit program.