Tax rates are set each fiscal year. The rates are based on $100 of assessed value (taxable assessment). Taxes are calculated by dividing the taxable assessment by $100 and then multiplying by the tax rate.
The Homestead Tax credit application is required to be completed by all homeowners. A Homeowners Tax credit application is available to residential homeowners who meet certain income requirements. Senior Tax credit is available to those who meet the requirements. Maryland State Department of Assessments and Taxation will review the application to determine if all qualifications have been met.
A 100 Percent Disabled Veteran Exemption application is available. For further information, you will need to contact the State Department of Assessments and Taxation (301-932-2440)
Personal property tax is an annual tax on business-owned personal property. Personal property generally includes furniture, fixtures, office and industrial equipment, machinery, tools, supplies, inventory, and any other property not classified as real property. Most businesses must file a personal property tax return with the State Department of Assessments and Taxation (SDAT) each year. If you are unsure whether you are required to file, please contact the State Department of Assessments and Taxation.
Personal property tax bills in Charles County are mailed throughout the taxable year (July - June), depending on when the personal property tax returns were filed by a business. For any taxable year, the taxes billed are based on personal property located in Maryland as of January 1 of that same year.
You can ask any questions related to this service here. We will try to answer them soon!