Abatement Hearing March 22, 2023

by | Mar 15, 2023 | Board of Abatement

Vershire Board of Abatement

Notice of Hearing: The Vershire Board of Abatement will hold a hearing in person and via Zoom, Wednesday, March 22, 2023.

Agenda:

  • Board Convenes – 6:00pm
  • Hearing – at 6:05pm
    • Tax Abatement request by: Elizabeth Bricker, 8403 VT Route 113, Vershire, VT 05079.

2022-23 Property Tax Late Penalty and Interest

For more information, call the Town Office – 685-2227

ZOOM Link https://us02web.zoom.us/j/83516035758?pwd=NFErdzZWS1JtZy9yRG8vbFhmOVpzUT09

Meeting ID: 835 1603 5758

Passcode: 664623

One tap mobile

+13017158592,,83516035758#,,,,*664623# US (Washington DC)

+13052241968,,83516035758#,,,,*664623# US

What is tax abatement? Abatement is a statutory process for relieving taxpayers from the burden of property taxes, penalty (collection fees) and interest when the law authorizes abatement and when the board, in its discretion, agrees that the request is reasonable and proper. It exists to permit the board to prevent an injustice or to help a taxpayer who faces extraordinary circumstances that make it difficult for the taxpayer to meet his or her tax obligations. Abatements are cautiously granted insofar as they reduce the income to the town and require the town to either spend less or increase the taxes on the rest of the taxpayers to make up the difference. A board may abate “in whole or part” property taxes, interest or collection fees. 24 V.S.A. § 1535(a). 

Abatement – What is it?

by | Feb 1, 2021 | Board of Abatement

What is tax abatement? Abatement is a statutory process for relieving taxpayers from the burden of property taxes, penalty (collection fees) and interest when the law authorizes abatement and when the board, in its discretion, agrees that the request is reasonable and proper. It exists to permit the board to prevent an injustice or to help a taxpayer who faces extraordinary circumstances that make it difficult for the taxpayer to meet his or her tax obligations. Abatements are cautiously granted insofar as they reduce the income to the town and require the town to either spend less or increase the taxes on the rest of the taxpayers to make up the difference. A board may abate “in whole or part” property taxes, interest or collection fees. 24 V.S.A. § 1535(a).