Posts tagged ‘new taxes’

June 30th, 2011

New Taxes Take Affect Today

by LonSeidman

Local Wolcott property taxes are due on July 1st. They can be paid by mail, or online. Go to www.wolcottct.org to pay these.

State Senator Joe Markley has a summary of the taxes taking affect on July 1st. Some of the income taxes are retroactive to January 1st as well. State taxes which go into affect on July 1st include:

JULY 1ST
Sales and Use Taxes:

The general sales and use tax rate increases from 6% to 6.35%; (make sure your cash register is reprogrammed!)

The room occupancy tax increases from 12% to 15%;

Renting or leasing of a car for 30 days or less increases to 9.35%;

Luxury tax of 7% for cars more than $50,000, boats more than $100,000, jewelry more than $5,000, clothing or footwear, handbag, luggage, umbrella, wallet or watch more than $1,000.

Service Taxes:
Valet parking provided at any airport;

Yoga instruction provided at a yoga studio;
Read the full list of taxes here