The Tax Collector’s responsibilities are to collect all monies for property taxes, yield, excavation taxes and land use change taxes.
- · What is the tax year? In the State of New Hampshire, the tax year runs from April 1st through March 31st. Assessments of your property are recorded as of April 1st of each tax year. Any new construction, addition, deck, subdivision, etc. is assessed by the town’s assessor between January and March to be the new value of your property.
- · What is the tax rate? The anticipated tax rate is established annually and is broken down by Town, School, State School, and County. The rate is then applied to every thousand-dollars worth of assessed value of the property. For example, if lot. The tax rate for 2015/16 is as follows:
Equalization rate: 100%
- · How often will I be billed?: There are two tax bills per year. The first bill of the year (due in July) is an estimate, based on one half of the previous year’s tax. This tax bill, printed and mailed out near the end of May, is usually due July 1st every year. The tax rate is set in the fall of the year, after which the final bill is printed. The final bill is calculated using the new rate multiplied by your property’s assessed value as of April 1st less any payments made to the first bill. The tax bill is usually sent out late October thru early November, taxes are due in December. If your taxes are paid by your mortgage company, it is your responsibility to forward the tax bill to them.
- · What if I don’t get a tax bill? Bills are sent, by state law, to the address of the last known owner. The assessor’s office updates its ownership records according to the transfers received from the Merrimack County Registry of Deeds. The deeds are sent to the assessor’s office the month following recording. The address on the deed is the address we use. Your attorney or closing company should have checked the status of taxes due on your property prior to closing. However, it is your responsibility as the new owner to make sure they are paid and to advise us of your mailing address in writing. If you have questions about this, refer to your closing statement and/or give us a call. Interest at 12% per annum is charged on tax bills not paid by the due date.
- · Do you have my correct mailing address?If you need to update your mailing address,please contact the tax collector’s office (603-938-2288) or the assessor’s office (603-938-5900) and provide them with your correct address.