Business License & Taxes

Licenses & Privilege Taxes

The Commissioner of the Revenue assesses a business privilege tax on each business in Colonial Heights. Businesses must submit a business license application by mail, email, fax or in person by March 1 of each year. New businesses must submit an application within 30 days of opening. For more information, view the License Fee and Tax section of the Colonial Heights Code.

Transient Occupancy Tax (Lodging)

An 8% transient occupancy tax is levied on the total cost paid for each room or space rented in any hotel, motel, or tourist home for less than 30 consecutive days. This tax is collected by the hotel, motel, or tourist home and remitted to the city on a monthly basis.

Meals, Food & Beverage Tax

The Meals, Food, and Beverage Tax is a 6% tax on the total amount charged by a seller for prepared foods sold in Colonial Heights. This tax is levied on all food and beverages, including snack food, whether consumed on or off the premises. This tax is collected by the prepared food seller who submits it to the city each month.

Bank Franchise Tax

The bank franchise tax of 80 cents per $100 is levied on the January 1 net capital of banks and trust companies with branches in the city.