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Occupational License Costs
The permit costs are essential to give you the higher things for Hancock County.
Whom Need To Pay
- Everyone or company (including a individual that is self-employed single proprietorship, partnership, firm, relationship or any other entity) that has any task within Hancock County, Kentucky, is needed to spend work-related costs on the web earnings of its company operation or enterprise with all the exception of: (1) no individual or business using significantly more than 100 people into the county when you look at the production procedure for gain or profit will probably be expected to pay a license charge on web earnings. (2) nobody or business that pays a franchise taxation into the county will be necessary to spend a license charge on web earnings. No permit income tax will probably be imposed upon or accumulated from anybody, company or organization where in fact the county is forbidden by law from imposing a license taxation.
- Advance Registration Fee – Every business or enterprise must register to pay for work-related costs by filling in a Questionnaire obtainable from Hancock County Administrator.
Annual profits that are net – At the conclusion of each calendar (or fiscal) 12 months, companies or enterprises have to register Form Bus. # 1, reporting net profits susceptible to the fees that are occupational. The income tax price on business or enterprise profits attained in Hancock County is currently 1.60% (effective January 1, 2020).
Any concerns or more information concerning the occupational costs in Hancock County ought to be directed towards the attention associated with Hancock County Administrator (270) 927-8788.
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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