Radford City Ordinance 1358 requires a meals tax of 5.5% to be collected on all food and beverage prepared by restaurants, caterers, convenience stores, grocery stores, etc., engaged in the business of selling prepared food and beverage. The tax for each month must be remitted to the Commissioner of the Revenue Office by the 20th day of the following month to avoid penalty. There is a 2% seller collection fee deduction for on-time remittance, which may be deducted from the tax due.
A Meals Tax Registration form must be completed and submitted to the Commissioner of the Revenue Office prior to beginning business. Registration and Computation forms can be found online.
Transient Occupancy Tax (Lodging Tax)
According to Radford City Ordinance 1193, individuals who rent facilities for less than 30 consecutive days including but not limited to hotels, motels, bed and breakfasts, campgrounds, and condos must remit the transient occupancy tax to the Commissioner of the Revenue Office for each month by the 20th of the following month.
Due to a legislative change effective, some third party intermediaries will begin collecting and remitting the local transient occupancy tax (8%) on behalf of each individual host. As part of this process, we are requiring the host to file the gross rental receipts for each rental platform monthly. A new section has been added to the online reporting form to facilitate this process. The exemption for cleaning fees has been eliminated. Only rentals of 30 days or more will be exempt.
Uniform Statewide Transient Occupancy Tax Return
Beginning October 1, 2022, third party accommodation intermediaries became responsible for filing and paying local lodging taxes in Virginia. In an effort to promote uniformity among localities, the Commissioner of the Revenue Association of Virginia developed a TOT filing form that can be remitted to any locality in the Commonwealth. Its use is not limited to accommodations intermediaries, however, anyone wishing to file their Transient Occupancy Tax manually may use this fillable pdf form and submit it with a check.