Get Pa11 201 Registrant Form 1 - Scotland Ct - Scotlandct

LBTT – Land and Buildings Transaction Tax If this will be your only residence, tax calculation is simple. If the property is up to £145,000 in value when you buy it, you pay no tax. If it is more expensive, you pay a percentage tax, but only on the amount that is over this £145K threshold.

The Torrington Lakeridge Tax District has the highest mill rate in Connecticut at 76.55 mills. It's followed by Hartford at 74.29, Waterbury at 60.21, Bridgeport at 53.99 and New Britain at 50.5. Salisbury has the lowest mill rate out of any town at 11.6. It's followed narrowly by Greenwich at 11.682.

For every 1,000 assessed value, taxes are $39.00 for real estate and personal property and $32.46 for motor vehicles. For FY 2021, property taxes raised approximately $4.7 million, or 76% of the town's income.

Overview of Connecticut Taxes Connecticut homeowners pay some of the highest property taxes in the country. The state's average effective property tax rate (taxes as a percentage of home value) is 1.96%, which ranks as the third-highest of any state in the U.S. Not in Connecticut?

The Torrington Lakeridge Tax District once again can boast of having the state's highest mill rate, this year at 90.35. Salisbury has maintained its mill rate of 11, which is among the lowest for a municipality in the state. Not far behind are Greenwich (11.39), Roxbury (12.6) and Warren (13.15).