| Real Estate and Personal Property |
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| Monday, 11 February 2008 | |
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REAL ESTATE AND PERSONAL PROPERTY TAXES
The Town of Shirley issues Real Estate and Personal Property Tax Bills on a quarterly basis for each Fiscal Year (July 1 and ends on June 30th). If you do not get a bill please contact me at This e-mail address is being protected from spam bots, you need JavaScript enabled to view it or call 978-425-2600, ext. 210.
Pay your bills on line: click here
The above link is for current real estate and personal property taxes only. For past due amounts please contact the office.
FREQUENTLY ASKED QUESTIONS: REAL ESTATE AND PERSONAL PROPERTY TAXES
What is the current tax rate for real estate and personal property? When are real estate and personal property tax bills mailed and payments due? Where should I mail my tax payment? Who do I make the check payable to? What should I do in the event I do not receive my bill? What do I need to do if my mortgage company pays my taxes? What happens if I do not pay my bill on time? Why should I pay interest on a late payment if I never received my bill? Who must pay a personal property tax? What personal property is taxable? How do I find out information about my real estate and/or personal property valuation? How do I apply for an abatement of I disagree with the valuation of my real estate or personal?
Answers to Frequently Asked Questions:
What is the current tax rate for real estate and personal property? The Fiscal Year 2008 tax rate is $10.15 per thousand of property’s assessed value. This is the rate for both commercial and residential property in the Town of Shirley. Real Estate Tax Bills are mailed quarterly and due on 8/1, 11/1, 2/1 and 5/1. The 8/1 and 11/1 bill are estimated based on what was paid the prior fiscal year (July 1 thru June 30). The 2/1 and 5/1 are the actual bills which include assessed value, tax rate for the current fiscal year and include the betterment and betterment interest. If the first falls on a weekend, the bills are due the following Monday. Please mail your payment and remittance slip to:
Who do I make the check payable to? Make checks payable to the Town of Shirley. If you would like a receipt, please send a self-addressed, stamped envelope and the complete bill. We will stamp the taxpayers portion of the bill and return it to you. You should contact the Collector’s Office at 978-425-2600, ext. 210 to request a bill. It is the responsibility of the property owner to check on his/her tax bill when one is not received.
What do I need to do if my mortgage company pays my taxes? If a bank or mortgage company escrows your taxes, you must insure that they make timely payments. Most banks use a tax service that will notify them directly of the amount due for your taxes. However, if you have recently purchased, refinanced or have a mortgage company that does not use a tax service, it will be up to you to notify them by forwarding your tax bill to them. Your mortgage company can tell you if you need to send them the bill and where to send it. Payments must be received on or before the due date to avoid interest charges. If payment is not made, the account will begin to accrue interest at the rate of 14% per annum, computed from the date the bill was due. A demand notice will be sent after the fourth quarter due date each fiscal year. A demand fee of $5.00 will be charged against the account in addition to the interest. If the account remains delinquent after June 30th of the fiscal year, a tax lien will be placed on the property and recorded with the Registry of Deeds. A tax lien is the first step in the foreclosure process. Under state law, failure to receive a bill does not affect the validity of the tax or any interest or fines incurred do to late payment. It is the responsibility of the taxpayer to secure his/her tax bill when one is not received. If you do not receive a bill, you must contact the Collector’s office at 978-425-2600, ext. 220 for a statement. To avoid interest charges this must be done before the due date of the bill. Personal property is all tangible property other than real property, including, but not limited to: business equipment, office machinery, inventory, furniture and fixtures not located at the owner’s domicile on January 1. Individuals, partnerships, associations, trusts, limited liability companies, Massachusetts business and out-of-state business corporations, limited liability companies filing federally as corporations, mutual insurance holding companies, Massachusetts and out-of-state manufacturing corporations and all other Massachusetts corporations subject to taxation under G.L. Chapter 63. In general, all tangible personal property situated in Massachusetts and all tangible personal property owned by Massachusetts domiciliary is taxable unless expressly exempt. There are many exemptions, which are usually based on ownership, type of property and use of property. Questions about valuation should be directed to the Assessor’s Office at 978-425-2600, ext. 220. To visit the Assessor webpage click here.
How do I apply for an abatement if I disagree with the valuation of my real estate or personal property? To apply for an abatment contact the Assessor’s Office at 978-425-2600, ext. 220. To visit the Assessors webpage click here. |
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