Real Estate or Property Tax
Each year the County of Bucks, the New Hope Solebury School District and New Hope Borough establish separate real estate tax rates. The governing body of each political subdivision sets its real estate tax rate as part of an annual budget process.
Borough and County tax bills are mailed to property owners on or before April 1. School District tax bills are mailed to property owners on or before August 1.
The Bucks County Board of Assessment is responsible for determining the assessed value of each property. For questions about individual property assessments or assessment appeals, please contact:
New Hope Borough Elected Tax Collector
The elected tax collector bills and collects all real estate taxes for the Borough, County and School District. Each taxing district sets its own tax rate and informs the elected tax collector. The Borough's elected tax collector is:
Local Services Tax (formerly Occupational Privilege Tax)
New Hope Borough levies an annual tax of ten dollars ($10.00) on individuals, both residents and non-residents, engaged in an occupation within the Borough. Keystone Collections Group will collect the Local Services Tax starting January 1, 2011. For questions about the Local Services Tax, please contact Keystone Collections Group at:
H. A. Berkheimer Inc. will continue to collect local services taxes levied in the 2010 tax year. Berkheimer may be contacted at 215-441-9125, or toll free at 800-360-8989.
Earned Income Tax (EIT)
New Hope Borough and the New Hope-Solebury School District each levy a one-half of one percent tax on earned income, which applies to all Borough residents and to individuals who work in New Hope Borough and pay no EIT at their place of residence. Individuals subject to the EIT, whose total earned income and net profits from all sources for a specific calendar year are less than $5,000.00, are exempt from this tax. Keystone Collections Group, starting on January 1, 2011, will collect this tax. Individuals, who qualify for this exemption, should contact Keystone Collections Group with any questions.
For questions regarding the earned income tax, please contact:
H. A. Berkheimer Inc. will continue to collect earned income taxes levied in the 2010 tax year through the close out of the 2010 tax year, including the receipt of 4th quarter remittances, individual final return, employer year-end reconciliations and delinquent taxes or reports arising from the completion of the 2010 tax year until June 30, 2012. Berkheimer may be contacted at 1 215 441 9125, or toll free at 1 800 360 8989.
Pa Act 32 provides for the countywide consolidation of earned income tax collections and mandates certain changes in the methods of collection. Keystone Collections Group offers an overview of Act 32, which provides the basic infromation that a business owner must know to comply with the new state law.
Business Privilege Tax
New Hope Borough levies an annual Business Privilege Tax and License Fee of $375.00 on every person engaging in a business, trade, occupation, profession, vocation or commercial activity in the Borough for each and every place of business maintained in the Borough. The tax is collected by the Borough Treasurer. All inquiries should be directed to: