Q: When are property taxes due in Buchanan County for FY 2025?
A: Real estate taxes are typically due April 15, while personal property taxes are due May 1. Check with the Buchanan County Treasurer's office for exact dates as they may vary slightly each year.
Q: What tax credits are available and how do I apply?
A: Buchanan County offers various tax credits including homestead credits for primary residents, elderly/disabled credits, and veterans' credits. These are NOT automatic and require annual application through the Commissioner of Revenue's office. Application deadlines are typically in late fall or early winter.
Q: How does the homestead credit work?
A: The homestead credit limits annual assessment increases on your primary residence, typically capping growth at a certain percentage each year. This credit reduces your tax bill but requires filing an application to establish eligibility. It does not reduce the property's market value for other purposes.
Q: How often does Buchanan County reassess properties?
A: Buchanan County conducts periodic countywide reassessments, typically every 4-6 years. Between general reassessments, properties may be reviewed for assessment changes due to sales, improvements, or other factors.
Q: Can I appeal my property assessment?
A: Yes, property owners can appeal assessments through the Buchanan County Board of Equalization. Appeals must typically be filed within 30 days of receiving your assessment notice and require evidence of comparable sales or property condition issues.
Q: What happens if I pay my taxes late?
A: Late payments incur penalties and interest charges. Real estate taxes become delinquent after April 15, and personal property taxes after May 1. Contact the Treasurer's office immediately if you cannot pay by the due date to discuss payment options.
Q: Can I pay my property taxes online?
A: Check with the Buchanan County Treasurer's office for current online payment options. Many Virginia counties offer online payment systems, though some may charge convenience fees for electronic payments.
Q: Do I owe additional taxes if I live in a special district?
A: Possibly. Some areas of Buchanan County may fall within fire districts, service districts, or other special taxing jurisdictions that levy additional assessments beyond the base county rate. Check your tax bill carefully for any special district charges.
Q: How do I change my mailing address for tax bills?
A: Contact the Buchanan County Commissioner of Revenue to update your mailing address for assessment notices and the Treasurer's office to update your address for tax bills. Property tax bills are mailed to the address on record, and you remain responsible for payment even if bills are mailed to an incorrect address.