What is the tax rate for business personal property?
The tax rate is $3.40 per $100 of value.
The tax rate for Machinery & Tools is $0.80 per $100 of value. Specific criteria must be met in order to qualify for the Machinery & Tools rate. Please contact the Business Personal Property division at (540) 372-1004 to see if your business qualifies.

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1. What is considered Business Personal Property?
2. What is the tax rate for business personal property?
3. How do I file a business property return? What is the deadline?
4. I work out of my home, do I still have to file?
5. I depreciate the value of my business personal property each year for tax purposes. How does that impact the way my return is filed with the City of Fredericksburg?
6. Is computer equipment valued the same way as other business equipment?
7. Do I have to file a new business property return each year?