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The City of Nicholasville takes pride in providing many crucial services to its citizens such as police and fire protection, parks, and road maintenance. The resources needed to provide these services are obtained through taxes, as consistent with laws enacted by the Kentucky General Assembly.
Taxes for the City of Nicholasville include, but are not limited to, the following types of taxes: Real and Personal Property Taxes, Occupational License Fees, and Insurance Premium Taxes. The summaries and links to forms below are provided for your convenience. Please refer to the City ordinances for complete information regarding the aforementioned taxes.
Every person or business entity engaged in any business in the City of Nicholasville is required to file a return under the Occupational License Tax Ordinance and shall be required to complete a Business Registration Form for each business before commencement of business or in the event of a status change.
There is a tax of one percent (1%) of the net profits from business conducted in the City. Net Profit Returns for the preceding tax year shall be made by April 15 of each year, except returns made on the basis of a fiscal year, which shall be made by the fifteenth day of the fourth month following the close of the fiscal year. Net Profit instructions and forms:
There is a tax of one and one-half percent (1.5%) of all wages and compensation paid or payable in the City for work done or services performed or rendered in the City by every resident and nonresident who is an employee. A Quarterly Payroll Tax Form, and an Annual Reconciliation Form are provided here for that purpose.
If it is found that overpayment has been made, a Request for Refund Form may be submitted. This form incorporates tools that will help auto-calculate days worked and refund due. You can print this Tax Refund form and turn it in to the tax office in person or by mail.
The City of Nicholasville collects transient room tax for the Nicholasville/Wilmore/Jessamine County Joint Tourism Commission. The transient room tax rate is 3% and is collected monthly. The Transient Room Tax form is due 15 days after the end of the month.
Insurance companies shall pay a license fee equal to ten percent (10%) for the privilege of engaging in the business of insurance within the corporate limits of the City.
An application for an Alcohol Beverage Control License for the City of Nicholasville can be found here.
There is also a fee of five percent (5%) of gross receipts from the sales of alcoholic beverages which are sold under all alcoholic beverage control licenses issued by the City of Nicholasville. A Quarterly Alcoholic Beverage Regulatory Return is provided here for that purpose.
All reports and payments are due the last day of the month following the end of each calendar quarter.
Other links related to Alcohol Beverage Control:
The City of Nicholasville typically mails property tax bills to property owners in September, and they are due before November 1. If the tax bill is to be paid by a mortgage company, it is the property owner’s responsibility to forward it to the mortgage company. If property taxes are not paid before November 1, a 10% penalty will be added. Taxes still unpaid as of January 1 of each year will accrue interest at a rate of 1% each month until paid. Delinquent bills will be turned over to the City Attorney for collection on March 1, and an additional penalty equal to the greater of $75.00 or 25% of the then outstanding amount (including 10% penalty and any accrued interest) will be added.
Tax Administrator |
601 N. Main Street, Nicholasville, KY 40356 |
8am – 4pm, Monday – Friday |
859.885.7618 |
[email protected] |
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