Get ready: the amount of sales tax you’ll owe is changing if you are in Atlanta and/or Fulton County. If you are in the City of Atlanta and in Fulton Co, you have two tax increases coming – one on March 1, the second on April 1. Be sure to change it in your point of sale. If you are an active Postec support customer, we will change it at no cost. Just fill out this Tax Change Request Form.
If you are not an active support customer, no worries. We’ll do it for half the cost of our normal hour support rate. You can use the same form or call our 24/7 LiveSupport line at 800.783.9413 (Option 1).
If your business is within Fulton County, but not within the City of Atlanta, only submit one form. Your tax increase starts April 1 and increases your sales tax rate to 7.75%.
If your business is within Fulton County and you are in the City of Atlanta, you must submit two forms, one for each increase. Your first sales tax increase brings the sales tax to 8.5%, the final sales tax increase brings it to 8.9%.
– City of Atlanta sales tax increases to 8.5% (1 of 2 tax increases)
– Fulton Co. OUTSIDE the City of Atlanta increases to 7.75%
– Fulton Co. INSIDE the City of Atlanta increases to 8.9% (2 of 2 tax increases)
“On November 8, 2016 the electorate of the City of Atlanta voted to levy the Atlanta MARTA Sales Tax at a rate of 0.5 percent beginning March 1, 2017. The voters also elected to levy
the Atlanta TSPLOST at a rate of 0.4 percent beginning April 1, 2017. As a result, the “total sales tax rate inside the City of Atlanta will change from 8 percent to 8.5
percent beginning March 1, 2017 …..The total sales tax rate will increase again on April 1, 2017, rising …to 8.9 percent”
“…the total Fulton County sales tax rate outside the City of Atlanta will change from 7 percent to 7.75 percent beginning April 1, 2017 ”
Here’s a great Q&A from the City of Atlanta:
What is a TSPLOST?
A Special Purpose Local Option Sales Tax (SPLOST) is a sales tax used to fund capital outlay projects proposed by county and municipal governments. A Transportation SPLOST is a sales tax where the capital outlays are intended for transportation purposes only. Senate Bill 369 created a special transportation tax district for Fulton County and a special district for the City of Atlanta, including the portion of the City in DeKalb County.
When can the tax be implemented?
Collection begins the first day of the calendar quarter following an 80 day period after the vote. If the vote occurs in November 2016, collection will start on April 1, 2017.
Is there a maximum tax rate?
The max rate in the City of Atlanta is 0.5%. Under SB 369, the City is allowed up to an additional 0.5% levy for MARTA. The combined tax can be no more than 1.0%.
How much money will be raised with a TSPLOST? Assuming the max rate of 0.5% is leveraged for five years, it is projected the City of Atlanta will generate approximately $280-$320 million from April 2017 to March 2022.
How long will the TSPLOST last?
Collection of the tax will cease on the earliest of the following dates: The final day of the max period of collection (up to five years) OR the end of the calendar quarter that the DOR Commissioner determines the tax will have raised revenues sufficient to provide funds specified as the max amount of funds to be raised by the tax.