Some Gloucester businesses will experience tax relief as the county’s board of supervisors voted by a 6-0 margin Tuesday night to reduce the Business/Professional/Occupational License tax rate it had voted to increase for a number of businesses in April of last year.
The move reduces the rates for financial, real estate and professional services and repair, personal and business services.
The vote also made the reduction retroactive, with many of the businesses in these categories to be reimbursed for overpayment of their taxes if they apply for a refund through the Commissioner of the Revenue’s office.
The decision was made following a public hearing in the colonial courthouse. Only two people spoke at the hearing, as a number of other business owners had addressed the board in previous months stating that their BPOL taxes had increased as much as 400 percent over the previous year.
Rodney Hockaday, York district resident and associate broker with Virginia Country Real...
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