Rate increases and a large additional penalty for late payments for the state’s litter tax will go into effect for Virginian business owners on May 1.
The changes, a result of legislation from the 2020 General Assembly session, are as follows:
– The litter tax payment will increase up to $20 per business establishment.
– The additional litter tax rate rises to $30 per business establishment for manufacturers, wholesalers, distributors, and/or retailers of groceries, soft drinks, carbonated water, beer and other malt beverages.
– Business establishments that opened on or before Jan. 1, 2020, will be subject to additional penalties if they pay after the due date of May 3, 2020. The fine includes a late payment penalty equal to 100% of the tax due, plus the accrued interest and an additional late payment penalty of $100.
Electronic payment options are available on the Virginia Tax website.
