Have You Received Your Commercial Property Bill in New Hampshire?
William Quigley, Principal 781.929.7875 | william.quigley@ryan.com
Daniel Swift, Principal 972.770.1100 | daniel.swift@ryan.com
The deadline for appealing New Hampshire local property taxes is approaching. Owners should’ve received their tax bills in the mail as of December 2022.
New Hampshire’s property tax rates vary greatly from town to town. Your property tax is based on the assessed value of your property, which is calculated by your town assessor. The assessed value might not be quite the same as the purchase price of your property, or how much you think it is worth. In New Hampshire, assessed value and market value are usually close to equal.
If a property owner does not agree with the value on the notice, the property owner still has time to submit an abatement or appeal. Under New Hampshire law, application for abatements must be made by March 1 following the notice of the second tax bill. The assessing officials by law have until July 1 to respond following the notice of tax, and the taxpayer may appeal the denial or decision of an abatement to the Board of Tax and Land Appeals or to Superior Court, but not both, by September 1.
The experts at Ryan assist New Hampshire property owners with assessment review and property tax appeals, if an appeal is warranted. Our team includes some of the most highly credentialed and experienced consultants in the industry. Contact our experts to learn how they can assist in minimizing your property taxes.