State Sales Tax Increase July 1, 2013

Summary

Important Notice! Virginia state sales tax will increase July 1, 2013.

Full Description

Legislation enacted by the General Assembly increases the state sales and use tax rate by 0.3% statewide.  Retailers on campus must update point of sale systems and collect sales tax using the new rates beginning July 1, 2013.

In addition to the increase in the statewide general sales and use tax rate, beginning July 1, 2013, there is an additional 0.7% state tax increase in certain localities which include the Hampton Roads region. 

The new tax rate is effective July 1, 2013:

Hampton Roads Regions -
General Sales and Sales and Use Tax
State Sales Tax
Local Tax
Total State & Local Tax
5%
1%
6%