What is the tax year?
Throughout the State of New Hampshire, the tax year runs from April 1 through the following March. Assessments of your property are made as of its value on April 1st of each tax year. These assessments will appear on your property tax bill. • How often and when will I be billed? There are two bills issued per year; the first bill is an estimate based on one half of the previous year’s tax. This bill is mailed out near the end of May and is usually due July 1st every year. The State of New Hampshire Department of Revenue Administration sets the tax rate for the year in the fall. The final bill is calculated using the new tax rate multiplied by your property’s assessed value as of April 1st, less any payments made on the first bill. The second bill is mailed by the end of October and is usually due December 1st each year. The way education is funded changed beginning with the 1999 tax year. For the 2000 tax year, a town-wide reassessment was completed. Partial payments on property tax ac
Related Questions
- After depositing my tax at the bank, I have noticed that I have mentioned the Assessment year/minor head incorrectly in my challan Who do I approach to have this corrected?
- What is the income potential for a tax preparer in the first year?
- Who will handle my year end tax statement (e.g. 1098, 1099, etc.)?
