Tangible Personal Property Tax
The Commissioner of Revenue administers the tangible personal property tax and the personal property tax relief. Each year the Commissioner mails to each city taxpayer around mid-February a tangible personal property return form listing the individual's personal property owned as of January 1 of the taxable year.
The individual taxpayer must verify that the information on the form is correct, fully complete the filing form and return it to the Commissioner's office by May 2nd in order to avoid a late filing penalty and to possibly qualify for personal property tax relief.
If you fail to receive a tangible personal property tax form you may download a blank 2023 Tangible Personal Property Tax Form (PDF). Please list all vehicles including trailers, boats, motorcycles that you own, and garage in the City of Martinsville.
Registering Your Vehicle
All residents owning personal property in the City of Martinsville are required to register their vehicles with the Virginia Department of Motor Vehicles and the Commissioner of the Revenue within 60 days of any of the following:
- Moving a vehicle (including trailers) into the City of Martinsville
- Moving a boat (contact the Department of Game and Inland Fisheries) into the City of Martinsville
- Sale or disposal of an old vehicle
- Change in name and/or address
- What is generally considered personal property for taxation purposes?
- How is the amount of tax to be levied on personal property determined?
- Does the City of Martinsville prorate personal property taxes for property sold, transferred, or disposed of during the year?
- If I move out of Martinsville or sell my motor vehicle during the tax year, am I responsible for paying taxes for the full year?
- What is the personal property tax relief act?
- Does my vehicle qualify for car tax relief?
- How is personal property assessed?
- How do I appeal the assessed value of my vehicle?
- If my vehicle is unused or unregistered at Department of Motor Vehicles, do I still need to register with the commissioner's office and pay personal property taxes?
- Where may local tax returns be filed?