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Property Tax Reductions for Disabled Veterans

Does Vermont have a Property Tax Reduction for Veterans?

Yes for some disabled veterans and families. The following are eligible for the exemption:

The exemption level varies from town to town. State law mandates a minimum $10,000 exemption. The Town of Cambridge by vote increased the exemption to $40,000 in 2006. The exemption reduces the appraised value of the home prior to the assessment of taxes.

The exemption only applies to homes that are owned by the veteran or survivor.  Veterans or survivors who rent their homes can not pass this exemption on to their landlord. To receive the exemption, the veteran must provide proof of eligibility to the Vermont Office of Veterans Affairs. Most veterans will have to provide proof of eligibility every year before May 1st.

For more information visit http://veterans.vermont.gov/benefits/exemptions