Jefferson County Ky Pva (2024)

FAQs

What is the property tax exemption for seniors in Jefferson County KY? ›

The Homestead Exemption for 2023-2024 is $46,350

Kentucky's Constitution allows property owners who are 65 or older to receive the Homestead Exemption on their primary residence.

FRANKFORT, Ky. (Nov. 21, 2022) – The Kentucky Department of Revenue (DOR) has set the maximum homestead exemption at $46,350 for the 2023 and 2024 tax periods. By statute, the amount of the homestead exemption is recalculated every two years to adjust for inflation.

The Property Valuation Administrator (PVA) is the local official responsible for assessing most real property in the county. All real property is subject to being revalued every year and all real property parcels must be physically inspected by the PVA office no less than once every four years.

Homestead Exemption​

Section 170 of the Kentucky Constitution also authorizes a homestead exemption for property owners who are at least 65 years of age or who have been determined to be totally disabled and are receiving payments pursuant to their disability. Find out more about the homestead exemption.

The exemption is currently set at a maximum of $46,350. The proposed amendment would freeze the home's taxable value, exempting it from future increases.

Campbell County has the highest average effective rate in the state at 1.36%, while Carter County has the lowest rate at a mere 0.49%.

Homestead Statutes in Kentucky

Similar to state homestead laws, the Bluegrass State's homestead statute, places a limit on the value or property that can be designated as a homestead at $5,000. Debtors are also allowed to protect $3,000 of personal property.

The amount you pay in property taxes each year depends on two things: (1) the assessed value of your property and (2) the tax rates that are levied at both the State and local levels.

You would typically apply PVA to a wall around 24 hours before plastering. You can then apply a second coat of PVA just before plastering. This second coat of PVA should be left to go tacky but not dry before plastering. Using this method improves the plasters adhesion and helps to create a more durable finish.

Do I need to apply for PVA? ›

There's no need to apply or seek permission; you can start using PVA immediately. To start using PVA, you'll need to: Ensure the goods you import are for use in your business. Include your VAT registration number on your import declaration.

Under the PVA scheme, businesses can defer the payment of import VAT until their next VAT return is due. This means that instead of paying import VAT upfront at the time of import, businesses can account for the VAT on their VAT return and pay it at the same time as the VAT due on their domestic sales.

Buying List of Certificates of Delinquency for Current Year Property Tax Bills. Current year certificates are offered for sale by the clerk in mid-July of each year. Please contact the Clerk's Office at (859) 392-1650 after April 15 to purchase a current list of certificates for sale. There is a service charge of .

State, Metro Louisville, school, and fire districts apply to all taxable property in Jefferson County. Some special districts such as the Urban Service District (old City of Louisville boundaries), the Louisville Downtown Management District, or a Home Rule City may apply depending on property location.

While there is no specific exemption from the requirement to pay LPT for pensioners under the Finance (Local Property Tax) Act 2012 (as amended), such persons may be entitled to an exemption on other grounds or may qualify for a deferral subject to meeting the qualifying conditions.

Though Kentucky does not have an estate tax, the federal government does. The federal estate tax could apply to you if your estate is of sufficient value. For 2024, the exemption is $13.61 million, which is an increase over the 2023 exemption of $12.92 million.

Am I eligible? The Senior Citizens Assessment Freeze Homestead Exemption qualifications for the 2022 tax year (for the property taxes you will pay in 2023), are listed below: You will be 65 or older during 2022. Your total household income in 2021 was $65,000 or less.