Bedford Area Tax Rates
Links to Area Tax Rates
 City
of Bedford
Bedford
County
LOCAL TAXES 2002-2003
REAL ESTATE
Nominal Tax Assess.
Effective Rate/$100 Ratio Rate/$100
Bedford City $ .80 100% $ .80
Bedford County $ .73 100% $ .73
MACHINERY/TOOLS
Value Used for Nominal Tax Assess.
Effective Tax Purposes Rate/$100 Ratio Rate/$100
Bedford City Original Cost $1.30 60% $ .78
Bedford County Original Cost $6.00 20% $1.20
AUTOMOBILES/TRUCKS/PERSONAL PROPERTY
Value Used for Nominal Tax Assess.
Effective Tax Purposes Rate/$100 Ratio Rate/$100
Bedford City Trade-In (NADA) $1.80 100% $1.55
Bedford County Average Retail $8.50 20% $1.70
(NADA)
BUSINESS, PROFESSIONAL & OCCUPATIONAL LICENSE TAX
( Flat Rate Rate/$100 Dollar Volume
Gross Receipts)
Bedford City
Retail $10.00 .125 over $8,000
Service $10.00 .25 over $4,000
Professional $25.00 .50 over $5,000
Wholesale $25.00 .10 Gross Purchases
Contractors $25.00 .10 over $25,000
Bedford County None
BUSINESS FURNITURE & FIXTURES
Value Used for Nominal Tax Assess.
Effective
Tax Purposes Rate/$100 Ratio Rate/$100
Bedford City - Original Cost $1.50 52% $ .78
Bedford County - Original Cost $8.50 20% $1.70
MERCHANTS CAPITAL
Value Used for Nominal Tax Assess.
Effective
Tax Purposes Rate/$100 Ratio Rate/$100
Bedford City None
Bedford County FMV original cost $1.10 20% $ .22
SALES AND USE TAX RATE
Local 1.0% / State 3.5%
In Virginia, cities and counties are separate taxing entities.
A manufacturing company or business pays
City Meals and Lodging Tax 5.0% either county or city tax, depending upon its location
County Meals Tax 4.0%
County Lodging Tax 5.0%
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