Earn up to 3.00% APYb on your balance in a
North One Business Checking Accounty
—that’s nearly 42x the national averagez
—that’s nearly 42x the national averagez
North One APY
up to
up to
3.00%
National
Average APY
Average APY
0.07%
Free
Easily calculate Virginia sales tax with our powerful Sales Tax Calculator. Get accurate tax rates for goods and services across the Old Dominion in seconds.
Calculating sales tax in Virginia doesn't have to be complicated. Whether you're a small business owner collecting sales tax from customers or a shopper trying to estimate your total cost, our Virginia Sales Tax Calculator makes it easy.
Simply enter your purchase amount and the applicable sales tax rate, and we'll do the calculations for you so you always charge or pay the correct amount.
North One is a financial technology company, not a bank. Banking services for the deposit account provided by The Bancorp Bank, N.A., Member FDIC.
Virginia has a statewide base sales tax rate of 4.3%. In addition, the state imposes a mandatory 1% local sales tax, bringing the minimum combined rate1 to 5.3% across most areas. However, some regions in Virginia have additional local or regional sales taxes, leading to higher total rates (see below). Understanding these variations is crucial, as the applicable sales tax rate depends on both the location of the sale and the type of goods or services being purchased.
To calculate sales tax in Virginia, start by determining the local sales tax rate, which may be higher than state's minimum combined rate of 5.3%.
Let's say you're purchasing an item in Richmond, VA, where the sales tax rate in 5.3%. Here's how to calculate the applicable sales tax:
Multiply the Purchase Amount by the Sales Tax Rate
Add the Sales Tax Amount to the original Purchase Amount
You can use these formulas or use our calculator for a faster answer.
Sales Tax = Purchase Amount × Sales Tax Rate
Total Cost = Purchase Amount + Sales Tax
Virginia provides sales tax exemptions for certain goods and services. These exemptions help reduce costs for consumers and businesses purchasing essential items:
Taxed at a reduced rate of 1%.
Fully exempt from sales tax.
May be exempt when sold to qualifying institutions.
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Exempt when purchased by qualifying businesses.
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Approved purchases made by nonprofits may be tax-exempt.
1California Tax and Fee Administration: California City & County Sales & Use Tax Rates (effective October 1, 2024)
2California Tax and Fee Administration: Laws, Regulations and Annotations
Virginia also offers temporary tax exemptions through sales tax holidays. These include:
For a complete and up-to-date list of exempt items, visit the Virginia Department of Taxation website2.
3California Tax and Fee Administration: California City & County Sales & Use Tax Rates (effective October 1, 2024)
North One is a financial technology company, not a bank. Banking services for the deposit account provided by The Bancorp Bank, N.A., Member FDIC.
1 Virginia Department of Taxation: Retail Sales and Use Tax
2 Virginia Department of Taxation: Sales Tax Exemptions
