Tax Relief

Bedford County tax breaks for personal wealth lower | Native information

BEDFORD – Bedford County’s personal property tax break rate for eligible vehicles will be reduced by 5 percentage points this year following a unanimous approval by Bedford County’s board of directors on Monday.

Bedford County’s Commissioner of Revenue recommended a 39.5% relief rate for private property taxes for eligible vehicles in 2021, a decrease from the 44.5% relief rate in 2020.

The change is because the county has increased vehicle valuations by about 8% and the state relief, the refund of the tax break rate for personal property tax in places in Virginia, has remained unchanged, according to the county and finance director Ashley Anderson .

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