Property Owners Urged to Apply for 2024 Tax Credits Before Deadline

In an important notice to all property owners, Lieutenant Governor Tregenza Roach has issued a reminder regarding the upcoming deadline for property tax credit applications for the year 2024.

The deadline set for these applications is Friday, March 1, 2024, aiming to provide financial relief to eligible residents through various tax credit programs.

Property owners interested in applying for these credits can access applications either online at the official website ltg.gov.vi or by visiting the Offices of the Tax Assessor located on St. Thomas, St. Croix, and St. John. These tax credits are designed to offer financial assistance to property owners by reducing their 2024 property tax bills.

Eligibility criteria for the Homestead credits require individuals to have been the property owner of record from January 2, 2023, through January 1, 2024. A property owner may apply for up to two credits, which include the General Homestead and one additional category.