Tax Information

Isle of Wight Smithfield Windsor
Real Estate $0.85/$100 $0.16/$100 $0.10/$100
Machinery & Tools $1.75/$100 $0.15/$100 $0.10/$100
Business Personal Property $4.50/$100 $1.00/$100 $0.50/$100
Virginia Isle of Wight
Sales & Use Tax
5% 1%

Additional Tax Information:

  • Business Tangible Personal Property is assessed annually at 40% of original cost.
  • Machinery and Tools is assessed annually at 40% of original installed cost.
  • Lodging Tax is 5%.
  • Meals Tax: 4% in Isle of Wight County; 6% in the Town of Windsor and 6.25% in the Town of Smithfield.
  • Utility Consumer Tax (Electric & Gas): 20% of the minimum monthly charge, not to exceed $200 (commercial/industrial consumers)

Key tax collection dates:

  • March 1: County business license tax due
  • May 1: deadline for filing business personal property and/or machinery and tools report to County
  • December 5 & June 5: first and second half of real estate tax due
  • June 5 & December 5: first and second half of personal property tax due

For further information please visit the Isle of Wight County Commissioner of the Revenue website.