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Occupational License Costs
The permit costs are essential to offer the greater things for Hancock County.
Whom Must Spend
- Everyone or business (including a individual that is self-employed single proprietorship, partnership, company, relationship or any other entity) which includes any task within Hancock County, Kentucky, is needed to spend work-related costs on the web earnings of its company procedure or enterprise because of the exception of: (1) nobody or business using significantly more than 100 individuals within the county within the production procedure for gain or revenue will be needed to spend a license cost on web earnings. (2) no individual or company that pays a franchise income tax to your county will be expected to spend a license charge on web earnings. No permit tax will be imposed upon or accumulated from anybody, corporation or firm where in fact the county is forbidden by law from imposing a license tax.
- Advance Registration Fee – Every company or enterprise must register to pay for 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, businesses or enterprises are required to file Form Bus. number 1, reporting net earnings subject to the work-related charges. The taxation price on business or enterprise profits won in Hancock County is presently 1.60% (effective January 1, 2020).
Any queries or more information concerning the work-related costs in Hancock County ought to be directed into the attention for the 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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