What period do
motor vehicle tax bills cover?
Motor vehicle bills paid in July are for the period October 1
through September 30 of any given year. Motor vehicle bills paid in
January are
for vehicles registered after October 1 of the year prior. These
bills paid in January are prorated based on the registration month
from
the
Connecticut
Department of Motor Vehicles. For the specific time period covered,
please refer to the back of your bill.
The uniform assessment
date is October 1st in Connecticut. Motor vehicles registered on
October
1 will be part of that year's Grand List. Vehicles registered
after October 1st, but prior to August 1st, will be part of the Supplemental
Grand List.
How are motor vehicle
assessments determined?
Motor vehicle assessments are based upon 70% of the average retail value
as determined by your local assessor. The Secretary of the Office of Policy
and Management recommends a schedule of motor vehicle values in each municipality
in determining the assessed value of motor vehicles for purposes of property
taxation. For the past several years, the NADA (National Automobile Dealers
Association) Official Used Car Guide has been utilized in determining
the average retail value.
What happens if
I transfer my license plates to a new vehicle?
When license plates are transferred to a new vehicle, the current bill
on the old vehicle must still be paid in full. An assessment credit for
the old vehicle will automatically be applied to your next bill for the
new vehicle on the supplemental motor vehicle list.