Finance Home  |  Personal Property Tax Relief
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The Personal Property Tax Relief Act of 1998 (PPTRA), also referred to as car tax relief, provides tax relief to citizens on personal property taxes paid on the first $20,000 of value for qualifying vehicles.  For tax year 1998, the Commonwealth reimbursed taxpayers for personal property relief; for tax years 1999 to 2005, the Commonwealth reimbursed localities for personal property  tax relief granted to citizens.  Beginning in tax year 2006, the Commonwealth provided localities with a "capped" amount to provide personal property tax relief to citizens.
 

The following Personal Property items DO NOT qualify for the Personal Property Tax Relief Credit:

  • Leased vehicles used for business
  • Any vehicle under a business name or used for business purposes (if more than 50% of mileage is used as business expense or more than 50% of depreciation with the vehicle is deducted)
  • Motor homes
  • Any type of trailer
  • Farm Use Vehicles
  • Any vehicle showing a gross weight of 7501 or more on DMV's records
  • The cost of the vehicle is expensed pursuant to Section 179 of the Internal Revenue Service Code.

Vehicles qualifying for tax relief are noted on your tax bill and show a reduction for that portion.  If your qualifying vehicle is assessed at $1,000 or less, your tax has been eliminated.  There is no percentage reduction of penalty assessed for late payment.

If your vehicle is improperly qualified or you are uncertain whether your vehicle would be eligible, contact us at (434) 296-5851, Option #3, or click here to e-mail.


Personal Property Tax Reduction Schedule:
 

Tax Year Reduction
2001  70.0 %
2002 70.0 %
2003 70.0 %
2004 70.0 %
2005 70.0 %
2006 66.0 %
2007  59.0 %
2008 51.0 %
2009 55.0 %
2010 57.0 %
2011 59.0 %
2012 61.0 %
2013 61.0 %
2014 59.0%
2015  57.0%
2016 51.0%

 


 
 
 
Contact the Department
Finance Department
401 McIntire Road
Charlottesville, VA 22902
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