You might be wondering if Virginia has a sales tax if you intend to shop there. The answer is indeed yes, but it’s not as simple as you may imagine. The 5.3% sales tax rate in Virginia is subject to change based on the county or city you’re in. Additionally, several items, including groceries and prescription drugs, are exempt from sales tax. What will Virginia’s sales tax be in 2020?
Virginia’s sales tax rate remained at 5.3% in 2020, although some cities also imposed an extra tax on top of that. For instance, the sales tax rate in Arlington County was 6.5%, compared to 6% in Fairfax County. To avoid any unpleasant surprises at the register, it’s crucial to research the applicable county or city’s sales tax rate. What will Virginia’s sales tax be in 2021?
Virginia’s 5.3% sales tax rate will stay in effect as of January 1, 2021. However, it’s vital to check before you shop because some areas may have changed their prices. On the website of the Virginia Department of Taxation, you may determine the precise sales tax rate for your locality. Which state does not impose a sales tax?
There are a few states without a sales tax, although Virginia does. Alaska, Delaware, Montana, New Hampshire, and Oregon are a few of these. It’s crucial to keep in mind that some of these states might also impose additional taxes, such income or property taxes.
Virginians must additionally pay a state income tax, which can range from 2% to 5.75% depending on their income. Along with real estate taxes, there is a personal property tax on cars. Virginia does not, however, impose an inheritance or estate tax.
Finally, it should be noted that Virginia does have a 5.3% sales tax, although the exact amount varies depending on the county or city you’re in. To avoid any surprises at the register, it’s crucial to confirm the precise rate before you shop. Residents of Virginia also have to pay real estate taxes, personal property taxes, and state income taxes.
Yes, the sales tax in Virginia applies to food. However, some food products, including baby food and uncooked foods meant for immediate consumption, might not be subject to sales tax.