Property Declarations for Businesses
located within the town of Branford must file a
personal property declaration with the Assessor by
November 1 annually.
Q. Who needs to
fill out a declaration?
A. 1. Owners of
non-registered motor vehicles, horses, ponies, and
thoroughbreds, mobile manufactured home not
assessed as real estate.
Businesses, occupations, farmers and professionals.
Q. What is
considered Personal Property?
A. In the most
general terms, personal property is everything
subject to ownership, excluding land, any interest
in land or any permanent improvement thereon. It is
property that is not permanently affixed to or part
of real estate. By its very nature then, personal
property is moveable. This broad definition includes
tangible items such as airplanes, boats, furniture,
Q. Why was my
Declaration changed by the Assessor?
A. Because of
incorrect filing or failure to file. Many times
businesses will remove items from year to year and
not properly dispose of them, therefore the Assessor
is required to put them on the current declaration.
Also, a penalty may be imposed.
Q. Why a 25%
penalty for late filing and or failure to file
A. Pursuant to
§ 12-41 (d) states that any person who fails to file
a declaration of personal property on or before the
first day of November, or on or before the extended
filing date as granted by the assessor pursuant to
section 12-42 shall be subject to a penalty equal
to twenty-five per cent of the assessment of such
property; (2) any person who files a declaration of
personal property in a timely manner, but has
omitted property, as defined in section 12-53 shall
be subject to a penalty equal to twenty-five per
cent of the assessment of such omitted property.
The penalty shall be added to the grand list by the
assessor of the town in which such property is
to § 12-53 (a) states that “omitted property” means
property for which complete information is not
included in the declaration required to be filed by
law with respect to either the total number and
type of all items subject to taxation or the true
original cost and year acquired of all such items.
Q. Is Personal
Property public information?
A. As for the
Assessment, the Business name and address they are
public information. However, all other information
in the file is confidential.
Q. What happens
if I just don’t file a declaration?
A. There is a
technique which is called Discovery. The Assessor’s
office can discover a new or existing business by
methods as follows:
Q. Why should I
let the Town come to my business for a field
A. In order to
assess the property of your business we do a
listing.The listing will fairly and accurately list
your items with the correct depreciation schedule
and value. It is to your advantage to let us assist
you in a proper valuation. But if you feel
confident, you are welcome to file on your own.
Q. Why am I
receiving an audit?
A. The Assessor
is authorized to audit declarations, within three
years of the date of the required filing.
Substantial penalties are applicable if such an
audit reveals property not declared as required by
law (CGS § 12-53). An audit is at the discretion of
Q. Why is it
important to fill out the Leasing Report?
A. Because we
need to know who to assess for the equipment. If
you don’t it is impossible to cross reference with
the leasing company’s report and you may be
improperly taxed and even penalized.
Q. Why do I
have to list my disposal, sale or transfer of
A. Because if
not disposed of properly, by law it will be added
back on to your return and taxed accordingly.
If you have any
questions or problems with filling the declaration
please contact our office, we would be more than
happy to assist you.