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Occupational License Costs
Function
The permit charges are essential to supply the higher things for Hancock County.
Whom Need To Pay
- Everybody or company (including a self-employed person, single proprietorship, partnership, firm, relationship or any other entity) which includes any task within Hancock County, Kentucky, is needed to spend work-related charges on the web profits of the company procedure or enterprise using the exception of: (1) no individual or business using significantly more than 100 people when you look at the county into the production procedure for gain or revenue will be needed to spend a license charge on web earnings. (2) no individual or business that pays a franchise taxation to your county will probably be necessary to pay a license charge on web earnings. No permit income tax will be imposed upon or obtained from anybody, company or organization where in fact the county is forbidden for legal reasons from imposing a license income tax.
Taxpayer Demands
- Advance Registration Fee – Every company or enterprise must register to cover fees that are occupational filling in a Questionnaire obtainable from Hancock County Administrator.
Yearly Net Profits Return – At the conclusion of each calendar (or financial) 12 months, companies or enterprises have to register Form Bus. number 1, reporting net earnings susceptible to the work-related costs. The income tax price on business or enterprise profits won in Hancock County is currently 1.60% (effective January 1, 2020).
Any queries or information that is further the work-related charges in Hancock County should really be directed into the attention associated with Hancock County Administrator (270) 927-8788.
Extra Information
Hancock County Occupational Tax Workplace
Stacy Bozarth, Administrator PO Box 416 Hawesville, KY 42348 (270)927-8788 Fax: (270)927-0999
Office Hours: Mon., Tues., Wed. & Fri 8 am – 4 pm Thur., 8 am – 5:30 pm
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