Q: When are property taxes due in Henrico County?
A: Property taxes are due twice yearly on June 5 and December 5. For FY 2025, these dates remain the same. A 10% penalty is applied to late payments.
Q: What tax credits are available and how do I apply?
A: Henrico County offers several tax credits including disabled veteran credits and surviving spouse credits. All credits require application and eligibility verification. Contact (804) 501-4306 for applications and requirements. Credits are not automatic and must be renewed as specified.
Q: How does the Homestead Credit work?
A: The Homestead Credit limits the annual increase in assessed value for qualifying homeowners, rather than reducing the actual market value. You must file an application to receive this credit, and it must be renewed according to county requirements. This credit caps assessment growth but does not reduce your property's assessed value below market rates.
Q: How often is my property reassessed?
A: Henrico County conducts annual assessments. Property values are updated yearly based on current market conditions, recent sales data, and property improvements.
Q: How do I appeal my property assessment?
A: Assessment appeals must be filed during the designated appeal period, typically in the spring following the assessment notice. Contact the county assessor's office for specific deadlines and procedures. Visit henrico.gov/finance/ for appeal forms and guidelines.
Q: Can I pay my property taxes online?
A: Yes, Henrico County offers online payment options and paperless billing. Visit henrico.gov/finance/ to access your account, view bills, and make payments securely.
Q: What are special district taxes?
A: Some areas within Henrico County are part of special taxing districts that provide additional services like enhanced landscaping or lighting. These result in additional tax assessments that vary by location and can add significant amounts to your tax bill.
Q: What if I receive a supplemental tax bill?
A: Supplemental taxes occur when property changes ownership, improvements are made, or new construction is completed during the tax year. These are pro-rated bills for the remaining portion of the fiscal year based on the change in assessed value.
Q: Are there income restrictions for tax credits?
A: Many tax credits have income, age, or disability requirements. Contact the Department of Finance at (804) 501-4306 to verify eligibility requirements for specific credits before applying.
Q: What happens if I don't pay my property taxes?
A: Unpaid property taxes result in a 10% penalty, and continued non-payment can lead to tax lien procedures. Contact the county immediately if you're unable to make payments to discuss possible payment arrangements.
