Tax Rates

In Virginia, counties and cities are separate taxing entities. Companies and individuals pays either county or city taxes, depending upon the location. However, someone located within the limits of a town is subject to both town and county taxes.

Virginia Sales & Use Tax


5.3%

Real Estate Tax


Locality Nominal Tax Rate / $100 Assessment Ratio Effective Rate
Campbell County $0.52 100% $0.52
Town of Brookneal $0.17 100% $0.17
Town of Altavista $0.16 100%

Machinery & Tools Tax


Locality Value Used Nominal Tax Rate/$100 Assessment Ratio Effective Rate/$100
Campbell County Original Cost $3.25 25% $0.81
Town of Brookneal Original Cost $1.70 25% $0.43
Town of Altavista Original Cost $2 25% $0.50

Business Personal Property Tax


Age of Equipment: 1 - 10 Years


Locality Value Used Nominal Tax Rate/$100 Effective Rate/$100
Campbell County 25% of cost $4.45 $1.11
Town of Brookneal 25% of cost $1.70 $0.43
Town of Altavista 25% of cost $2 $0.50

Age of Equipment: 10 + Years


Locality Value Used Nominal Tax Rate/$100 Effective Rate/$100
Campbell County 15% of cost $4.45 $0.67
Town of Brookneal 15% of cost $1.70 $0.26
Town of Altavista 15% of cost $2 $0.30

Business & Professional Occupational License


All businesses with gross receipts under $100,000 are exempt from tax and subject to license fee only ($20, $30 or $40).
  • $0.16/$100 of gross receipts for contractors
  • $0.50/$100 of gross receipts for professional service
  • $0.20/$100 of gross receipts for retail sales
  • $0.05/$100 of gross purchases for wholesale
  • $0.35/$100 of gross receipts for personal service and repair

Utility Taxes


  • Telephone: $1.40 maximum/month on each line
  • Mobile Phone: $3.00 maximum/month (10% of first $30.00)
  • Gas: $3.00 maximum/month
  • E-911 Service Fee: $1.60 maximum/month per line
  • Electricity: $3.00 maximum/month on each meter