When are Property Taxes Due in Gwinnett County, GA?
As a property owner in Gwinnett County, Georgia, it’s essential to know when your property taxes are due to avoid late penalties and interest. In this article, we’ll provide you with a clear understanding of the property tax due dates in Gwinnett County, Georgia, and offer some tips on how to stay on track.
When are property taxes due in Gwinnett County, GA?
In Gwinnett County, property taxes are due on January 1st of each year. However, there is a five percent discount for those who pay their property taxes on or before November 15th of the previous year. For instance, if you pay your property taxes on November 15th, 2023, you’ll get a five percent discount.
Here’s a breakdown of the payment schedule:
- January 1st to November 15th: 5% discount (no penalty or interest)
- November 16th to December 31st: 4% penalty (no interest)
- January 1st to April 30th: 10% penalty (4% penalty from November 16th and 6% penalty for late payment)
- May 1st and later: 18% penalty (10% penalty from January 1st and 8% penalty for late payment)
What are the Consequences of Late Payment?
If you fail to pay your property taxes on time, you’ll face consequences that can add up quickly. Here are the fees and penalties you’ll encounter:
- 5% discount for early payment: You’ll miss out on the discount if you don’t pay on or before November 15th.
- 4% penalty for delayed payment: You’ll pay a 4% penalty if you pay between November 16th and December 31st.
- 10% penalty for late payment: If you pay between January 1st and April 30th, you’ll incur a 10% penalty.
- 18% penalty for extremely late payment: If you pay on or after May 1st, you’ll face an 18% penalty.
How to Make Payments
Gwinnett County offers several payment options to make it convenient for you to pay your property taxes:
- Online: You can pay online through the Gwinnett County Tax Commissioner’s website.
- By mail: Send a check or money order to the Gwinnett County Tax Commissioner’s office.
- In person: Pay at the Gwinnett County Tax Commissioner’s office located at 750 Maple Street, Lawrenceville, GA 30045.
- Drop box: There is a drop box located outside the Tax Commissioner’s office where you can deposit your payment.
Payment Plan Options
Gwinnett County offers payment plan options for property taxes due:
- Twelve-month payment plan: This plan allows you to split your payment into 12 equal installments.
- Twenty-four-month payment plan: This plan allows you to split your payment into 24 equal installments.
- Five-month payment plan: This plan allows you to make payments for five months, followed by a final payment of the remaining balance.
Here are the payment plan requirements:
- Twenty-four-month payment plan: $500 minimum payment required; 5% annual interest rate.
- Twelve-month payment plan: $1,000 minimum payment required; 8% annual interest rate.
Additional Tips
- Keep records: Keep a record of your property tax payments, including payment dates and amounts.
- Set reminders: Set reminders to ensure you make your payments on time.
- Consult a tax professional: If you have questions or concerns about your property taxes, consider consulting a tax professional.
In conclusion, understanding when your property taxes are due in Gwinnett County, Georgia, is crucial to avoid late penalties and interest. By knowing the due dates, payment options, and consequences of late payment, you can ensure a smooth and stress-free payment process. Remember to keep records, set reminders, and consult a tax professional if needed.
Table: Payment Schedule for Gwinnett County Property Taxes
Payment Period | Discount/ Penalty | Interest Rate |
---|---|---|
January 1st to November 15th | 5% discount | 0% |
November 16th to December 31st | 4% penalty | 0% |
January 1st to April 30th | 10% penalty | 4% |
May 1st and later | 18% penalty | 10% |
Figure 1: Payment Options in Gwinnett County
• Online
• By mail
• In person
• Drop box