The sales tax rate for most locations in Virginia is 5.3%. Several areas have an additional regional or local tax as outlined below.
Sales Tax Rates.
|General Sales Tax Rate||In these locations|
|Food Personal Hygiene Items|
What is Virginia’s sales tax 2020?
Starting Thursday, Oct. 1, 2020, the sales and use tax rates go up by 0.7% for a total of 6%. This includes the 4.3% state tax, the new 0.7% regional state tax and the 1% local option tax.
What is the sales tax in Virginia 2021?
2021 List of Virginia Local Sales Tax Rates. Virginia has state sales tax of 4.3%, and allows local governments to collect a local option sales tax of up to 1.7%. There are a total of 177 local tax jurisdictions across the state, collecting an average local tax of 1.286%.
What is Virginia’s retail sales tax?
The Virginia (VA) state sales tax rate is currently 4.3%. Depending on local municipalities, the total tax rate can be as high as 7%. Tax is imposed on the retail sale, lease or rental of tangible personal property in Virginia, or the use or consumption of tangible personal property in Virginia.
What is the tax on groceries in Virginia?
2.5% Sales Tax Rate for Food and Personal Hygiene Products Sales of food for home consumption are taxed at the reduced rate of 2.5% throughout Virginia. Beginning January 1, 2020, certain essential personal hygiene products will also be taxed at the lower rate.
How do I figure out sales tax?
Multiply the cost of an item or service by the sales tax in order to find out the total cost. The equation looks like this: Item or service cost x sales tax (in decimal form) = total sales tax. Add the total sales tax to the Item or service cost to get your total cost.
How much sales tax is on a dollar?
Federal Revenues from Sales Taxes While Alberta does not have a provincial sales tax, the federal 5% Goods and Services Tax (GST) still applies.
Which state has no sales tax?
Alaska. Known as ‘The Last Frontier’, Alaska is the most tax-friendly state in the country. It has no sales tax and no state income tax. Alaska charges a slightly higher than average property tax rate of 1.18%, but the state has several ways to apply for property tax exemptions.
Does Virginia have a state sales tax?
In general, all sales, leases, and rentals of tangible personal property in or for use in Virginia, as well as accommodations and certain taxable services, are subject to Virginia sales and use tax, unless an exemption or exception is established.
How much is restaurant tax in VA?
Effective January 1, 2021, Meal Tax increased from 6.5% to 7.5%.
Is Virginia a tax friendly state?
Virginia is tax-friendly toward retirees. Social Security income is not taxed. Wages are taxed at normal rates, and your marginal state tax rate is 5.90%. Public and private pension income are partially taxed.
Which state has the highest sales tax?
The five states with the highest average combined state and local sales tax rates are Louisiana (9.55 percent), Tennessee (9.547 percent), Arkansas (9.48 percent), Washington (9.29 percent), and Alabama (9.22 percent).