Are You Ready? Sales Tax in Central Virginia Goes Up to 6% October 1st

By Paula Graham; Financial Strategist


Central Virginia will now join the Hampton Roads and Northern Virginia areas by adding a .07% regional tax to fund transportation costs, making sales tax 6%.

Which areas are affected?

City of Richmond and the Counties of Charles City, Chesterfield, Goochland, Hanover, Henrico, New Kent and Powhatan

When is it effective?

October 1st, 2020

As a business owner, what do you need to do?

If you currently charge sales tax on your products or services, you will need to update your systems and software so that starting October 1st, you charge your customers 6% sales tax.

Want to know more? Click here.

The team at EDGE is here to help. Contact us today to schedule a 30-minute consultation via Zoom where we will discuss your business situation for only $59.

EDGe_color_digital_stacked_highres (1).p

ABOUT EDGE BUSINESS PLANNING

EDGe supports businesses with all aspects of finance and accounting including strategy, budgeting, forecasting, cash flow management, financing, and operational efficiency.

NAVIGATION

EDGe_Artboard 1Logo.png
  • Facebook - Black Circle
  • LinkedIn - Black Circle
  • Instagram - Black Circle
  • Twitter - Black Circle

EDGe Business Planning・2304A West Main Street Richmond, VA・866.334.3270hello@edgebusinessplanning.com  

© 2020 EDGe Business Planning. Website by CreativeMktGroup.