2018 County Tax Listing Forms in the Mail and Deadline Nears for 2017 Taxes
Deadline to Pay 2017 Property Taxes is 5 pm on January 5, 2018
Note that the personal property listing forms are NOT used to list real estate property and registered motor vehicles with tags. However, call the Tax Office if you made any non-permit changes to real estate property during 2017 or to change the status of a vehicle.
The personal property listing forms should include such things as boats, aircraft, equipment, jet skis, mobile homes (not taxed as real estate), trailers and unregistered vehicles without tags. Business personal property includes property used to produce income, such as equipment, machinery, furnishings and certain vehicles.
Motor vehicles with registration and tags are NOT listed on the county listing form, because the NC Tag & Tax Together program combines North Carolina vehicle registration fees and property taxes into one bill that is paid to the NC Division of Motor Vehicle at registration renewal time.
Taxpayers are encouraged to review their personal property information online at http://ustaxdata.com/nc/chatham/ or visit the Tax Office to verify information on file. Listing forms must be returned to the Tax Department no later than January 31, 2018. Listings received after this date will be subject to a late listing penalty equal to ten percent of taxes owned.
For businesses, owners should contact the Tax Office at (919) 545-8475 to request a business listing extension form that extends the deadline up to March 15, 2018. However, the business extension form must be completed and submitted no later than January 31, 2018.
Unpaid 2017 Property TaxesTax bills mailed in 2017 for real and personal property are due by 5 pm on January 5, 2018. Interest will accrue on all unpaid balances starting January 6, 2018.
Once tax bills become delinquent, the Tax Office can begin collection procedures for late bills through such methods as garnishing wages (removing taxes from paychecks), attaching bank funds form bank accounts and income tax refunds, attaching rental income, placing levies on personal property and foreclosing on property.
Also, unpaid real estate property taxes will be advertised in the newspaper at an additional cost to the taxpayer. The taxes owed will be advertised in the current owner’s name. Contact Tax Collections at (919) 542-8260 if you have any questions regarding the payment of your taxes.
Property Tax Relief for the Elderly and Permanently DisabledUnder North Carolina law, the elderly and permanently disabled may apply for property tax relief if their annual income is no more than $29,600. For those who qualify, a portion of the appraised value of their permanent residences may be exempt from property tax.
The exempted portion is either $25,000 or 50% of the appraised value of the home, whichever is greater. For example, if a qualifying person owns a $60,000 house, only $30,000 of the house will be subject to taxation.
To qualify for relief, a property owner must have a total income $29,600 or less in the preceding year (income amount includes both spouses), must be age 65 or older or must be totally and permanently disabled. New applications for this tax relief must be filed no later than June 1, 2018.
Those who received the exemption last year and still meet the requirements do not have to reapply for the exemption unless their place of residence, ownership status or income has changed. Property owners who no longer meet the requirements of the exemption must notify the Tax Office. Persons receiving the exemption are by North Carolina law required to have a periodic compliance review conducted by the Tax Office.
If you are responsible for listing the property of someone who is deceased and who had qualified for the exemption last year, you must notify the Tax Office.
Property Tax Exemptions
Under state law, real estate and personal property used for certain religious, educational, or other purposes may qualify for a property tax exemption. Owners of property currently receiving the exemption do NOT have to reapply for the exemption, unless:
• The use of property has changed;
• The owner has purchased additional property; or
• Improvements have been made to or removed from the property
The deadline to apply for this exemption is January 31, 2018.
Land Use DefermentsUnder state law, land actively used for commercial agriculture, forestry, or horticulture production may be eligible for reduced-rate taxation. Contact the Tax Office for more information on “land use deferments.” The deadline to apply is January 31, 2018.
For more information about any of the items listed above, or your taxes in general, please contact the Chatham County Tax Office at 919-542-8250 or 919-542-8260.