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Tax Information Print E-mail
General


Each year in late December, abstract listings are sent to all taxpayers that had a listing for the prior year. All personal property subject to annual listing must be listed during the month of January in order to avoid a 10% late listing penalty as mandated by State law. Because Yadkin County utilizes a permanent listing system for real estate, real property does not have to be listed unless a change in value has occurred. Persons listing real or personal property for the first time should contact the Tax Assessor's Office for listing information. In addition to listing services, the Assessor's office provides property maps of Yadkin County.

The Tax Assessor’s primary responsibility is to appraise, list and assess all taxable real and personal property each year and furnish tax base figures to the County, Municipalities and Fire Departments for budget purposes.

Please note that some forms linked on this page will require Acrobat Reader version 4.0 or higher. If you have problems opening a file, upgrade to the newest version of Acrobat Reader.

Business Personal Property

Any individual(s) or business(es) owning or possessing personal property used or connected with a business or other income producing purpose must file a
Business Personal Property Listing Form. Business personal property includes machinery, equipment, computers, furniture, fixtures, farm machinery, airplanes, supplies, construction in progress, etc. All business personal property subject to taxation must be listed during the month of January. Values are determined by applying Trending Schedules to the historical cost of an asset. Trending schedules are developed by the North Carolina Department of Revenue.

If you listed with us last year and have an active account, a listing form will be automatically mailed to you. If you do not receive a listing form it is your responsibility to obtain a listing form by contacting the Business Personal Property Section during regular office hours.

An Extension to list business personal property may be granted if a request in writing is received prior to the close of the regular listing period. The request must show 'good cause'. Traditionally, Yadkin County has granted extensions to March 15.

North Carolina General Statutes allow for certain types of property to be exempt from taxation if they meet the requirements specified by the statutes. Organizations claiming exemption from North Carolina Personal Property Tax must file an application for exemption by January 31

Individual Personal Property

In accordance with North Carolina law, all taxpayers are required to list the following personal property each year:

  • Mobile Homes
  • Boats, Boat Motors, Jet Skis, etc.
  • Aircraft Including Hot Air Balloons and Gliders
  • Unlicensed Vehicles Including automobiles, trucks, trailers and motorcycles that are not currently licensed


North Carolina General Statutes require all individuals owning personal property on January 1 that is subject to taxation, list that property during the listing period which is January 1 through January 31. All listing received after the listing period will be subject to a ten percent (10%) penalty.

If you listed personal property last year and have an active account, a Listing Form will be automatically mailed to you. If you do not receive a listing form it is your responsibility to obtain a listing form by contacting the Tax Assessor's Office during regular office hours

Senior Citizens / Permanently Disabled

North Carolina excludes from property taxes the first $20,000 or 50% (whichever is greater) of the appraised value of a permanent residence owned and occupied by North Carolina residents aged 65 or older or totally and permanently disabled whose income does not exceed $18,000. Income means the owners adjusted gross income as determined for Federal Income Tax Purposes, plus all moneys received other than gifts or inheritances received from a spouse, lineal ancestor, or lineal descendant. If you received this exclusion last year, you do not need to apply again unless you have changed your permanent residence. If you received the exclusion last year, and your income exceeds $18,000, you must notify the Assessor. If you received the exclusion last year because you were totally and permanently disabled and you are no longer totally and permanently disabled, you must notify the Assessor. If the person receiving the exclusion last year has deceased, the person required by law to list the property must notify the Assessor. Failure to make any of the notices required by this paragraph by June 1st will result in penalties and interest. If you did not receive the exclusion last year, but are now eligible, you may obtain an application from the Tax Assessor.

Application must be filed by June 1st. Tax Assessor
Last Updated ( Friday, 11 May 2007 )
 

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