Personal Property Assessments
Personal Property used in businesses, such as machinery, equipment, furniture, tools, fixtures, computers, cables, conduits, pipes, leasehold improvements, supplies, video tapes, horses, etc., is subject to assessment in Connecticut and must be declared annually with the cost and acquisition date. Business inventory is not taxable.
Personal Property Declaration - Online Filing
If you received an invitation to file online, please follow the link below. Create an account using your access code and follow the instructions to complete your filing. The deadline for filing is November 1st, 2018.
Personal Property Declaration Forms
Declaration Forms are available from the Assessor for businesses to summarize their property by type and year acquired. The Assessor applies a depreciation factor to estimate the current values.
Declarations mailed to businesses during September are due to the Assessor by November 1st every year. 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, 2018.
Connecticut law levies a 25% penalty assessment for failure to file a Declaration, omitting property or filing a Declaration late after November 1st. Assessment notices are mailed at the end of January.
Personal Property Assessment Appeals
Appeals of the assessment must be made to the Board of Assessment Appeals by February 20th, except when a one-month extension is granted. It is recommended that business owners first speak with the Assessor's Office before filing a formal appeal, to correct any errors or misinformation.