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Local Taxes

The City of Versailles collects property taxes for all property located within the City limits and occupational taxes on all businesses located within the City limits.

Property Tax

The property tax rate is .00056 for bills that were issued in 2013. If you need property tax information on a specific property, please call our tax department at 859-873-5184 or you can request information by email at pwilder@cityhall.versaillesky.com or ghenderlight@cityhall.versaillesky.com.

Occupational Tax

Each business within the City of Versailles is required to have a business license. The business license is $50.00 and is valid July 1st – June 30th. To acquire a business license please fill out the Business Registration Form, Business Registration Form.pdf and return it, along with $50.00, to the address below:

City Hall
Tax Department
196 South Main Street
Versailles, Kentucky 40383

Businesses located in the City that have employees are required to withhold a 1.5% local occupational tax and submit to the City quarterly along with the form Employers Withholding Tax Form, Employers License Fee Withheld Form.pdf.

Employers are also required to submit an Annual Reconciliation Form, Reconciliation License Fee Form.pdf ,for each calendar year. The completed form must be submitted by the close of business on the last day of each February following the end of the year.  

All businesses within Versailles are also required to submit an annual Net Profit return, Net Profit Form.pdf. The Net Profit Form must be completed in full and returned to Patty Wilder at 196 South Main Street, Versailles, Kentucky 40383. Please note that there is a minimum Net Profit fee of $50.00, however, if you have a current business license, then you can take a credit of $50.00.

If you would like to close your business account with the City of Versailles, please complete the Close Business Form, Close Business Form.pdf, and return it to Patty Wilder at 196 South Main Street, Versailles, Kentucky 40383.

If you have any questions regarding the City of Versailles occupational taxes, please contact Patty Wilder, Tax Clerk, at (859) 873-5184 or by email at pwilder@cityhall.versaillesky.com.

Insurance Premium Tax

Insurance Premium tax is collected from all insurance companies that sell and maintain policies.