Personal Property Taxation
The 2023 Personal Property Declarations have been mailed as of Monday September 18, 2023. Please submit the completed forms by November 1, 2023 to avoid penalties. You can submit by mail, online, or submit documents below. Declarations can be found under Commonly Requested Forms. Please note if you are not declaring an unregistered motor vehicle, manufacturing machinery, or a farm please use the 2023 short form.
Upload your documents here: or email it to us at: assessor@wethersfieldct.gov
personal property assessments
Personal property is defined as all tangible property that is not permanently affixed to real estate. This property includes but is not limited to unregistered motor vehicles, machinery, equipment, furniture, fixtures, tools, computers, leasehold improvements, supplies, etc., is subject to assessment in Connecticut and must be declared annually along with costs and acquisition dates. Business inventory is not taxable. Declaration forms are available from the Assessor for businesses to summarize their property by type and year acquired. The Assessor applies depreciation factors to estimate current values. Assessment notices are mailed at the end of January (February if extension has been granted to the Assessor).
(Values are as of the October 1, 2023 Grand List. Any changes occurring after the signing of the Grand List are not reflected)
personal property declaration forms
We mail declarations to business personal property owners as a courtesy in the fall of each year. However, it is the property owner’s responsibility to make sure a declaration is submitted to the Assessor by November 1st every year. If you have not received the declaration of personal property, you may print a Declaration from our website (see Forms available below). If a business owner needs to request an extension for filing the form, the written request for an extension must be received by the Assessor’s Office by November 1st.
According to Connecticut State Statute, omitting property or filing a declaration late after November 1st without having been approved for an extension will be levied a 25% penalty assessment.
When a business fails to file a declaration the Assessor shall prepare an estimated declaration and add to it a 25% non-filing compliance penalty.
if you no longer have a business in wethersfield
If you sold, terminated or moved your business out of Wethersfield prior to the October 1st assessment date and would like it to be removed from the October 1st Grand List, please submit an Affidavit of Business Termination, Move or Sale and return it to the Assessor's Office as soon as possible.
is your business new to wethersfield?
Welcome to the Town of Wethersfield! We ask that you please complete a New Business Questionnaire online OR complete the form found here and return it to the Assessor's Office at assessor@wethersfieldct.gov. If you have any questions at all about the process of filing your Business Personal Property Declaration we have a Frequently Asked Questions Pamphlet Available or you can contact us at (860) 721-2810.
personal property assessment appeals
It is recommended that business owners first speak with the Assessor’s Office to address any errors or misinformation before filing a formal appeal. If an owner believes that the personal property of a business has been incorrectly valued by the Assessor, the value may be appealed to the Board of Assessment Appeals, which will hold hearings annually in March. The Board has the authority to change property valuations it believes to be incorrect as of the October 1st assessment date.
To appeal a personal property assessment, a business owner or agent should explain why they believe the value is incorrect and provide any combination of the following;
- Copies of depreciation schedules
- Income tax filing
- A list of all equipment owned
- A complete list of equipment that is leased, loaned or rented by the business
The list or schedules should reflect what was owned on the October 1st assessment date and identify disposals prior to the October 1st assessment date.