On Saturday, the Arlington County Board voted unanimously to lower the late payment penalty for real estate taxes from 10 percent to 5 percent if the taxes are paid within 30 days after the due date. The penalty for delinquent real estate taxes not paid within 30 days following the due date will remain unchanged at 10 percent.
The changes made on Saturday do not eliminate late payments penalties or provide a grace period.
“Sometimes, people accidentally miss a real estate tax due date but make their payment a few days later — of their own accord and without collection action by the Treasurer. In these cases, I believe a 5 percent penalty is much more appropriate,” County Treasurer Carla de la Pava said in a press release.
The board predicts that approximately 1,000 property owners in the county will benefit from the change.
This article originally published at http://dc.urbanturf.com/articles/blog/arlington_reduces_penalty_for_late_real_estate_tax_payment/9784
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