Occupational tax rates increased for two Kentucky cities, effective Jan. 1, 2020. On March 17, 2003 The Simpson County Fiscal Court enacted Ordinance #220.99 creating a .75% payroll tax on all persons engaged in employment in Simpson County. The maximum annual tax for Kenton County will increase from $301.06 to $306.65. Kentucky Income Tax Calculator - SmartAsset Occupational Tax Administrator | Franklin County Table III provides the basic rate table, showing on a county basis all available local rates. The maximum annual tax for Kenton County will increase from $301.06 to $306.65. Forms. 270-685-8424, 212 St. Ann Street, Room 202Owensboro, KY 42303, Copyright 2023 Daviess County Kentucky All Rights Reserved. Box 800, Georgetown KY 40324; Physical Address: 1000 West Main Street, Suite 8 (In The GMWSS Building) County 0000008011 00000 n 0000000016 00000 n 2093 0 obj <>stream WebEvery person, association, corporation, or other business entity engaging in an occupation, business, trade, or profession is required to file and pay occupational license tax. Fax: : 270-827-6002. Tax Increment Financing (TIF) is an economic development tool to use future gains in taxes to finance the current public infrastructure improvements for development that will create those gains. (The averages are shown for informational purposes only.) 0000003494 00000 n After sales taxes, the tax wedge was 31.6 percent. The maximum taxable wage base for Boone County will increase from $63,136 to $63,758. Renewing a License . At the same time, cities and counties may impose their own occupational taxes directly on wages, bringing the total tax rates in some areas to up to 8.75%. 0000047340 00000 n KENTUCKY WebThe association is dedicated to the needs, issues, and challenges pertaining to occupational license tax in Kentucky. hb```b`` Occupational Tax

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