Business Tax Overview
The Township of Haverford imposes three business related taxes under Act 511: the Business Privilege tax, the Mercantile tax, and the Local Services Tax. All individuals or companies doing business within the Township should obtain an annual business tax license issued from Tri-State Financial Group, LLC, the Township's official business tax collector.
Tri-State Financial Group, LLC
http://tfgtax.com/
Go to the far right side of the website, then click on
"Haverford Township Tax Forms"
610-270-9520.
Business Privilege and Mercantile Taxes
The Mercantile Tax (MT) is assessed on all retail and wholesale related business activities while the Business Privilege (BPT) is assessed on all other business activities. Both taxes are based on gross receipts. Business Privilege taxes are at the rate of 1.5 mills ($1.50 per $1,000) of gross receipts and Mercantile taxes are at the rate of 1.5 mill ($1.50 per $1,000) of gross retail receipts or 1.0 mills ($1.00 per $1,000) of gross wholesale receipts. Returns are due April 15 of each year for activity in the previous calendar year.
Local Services Tax
The Local Services Tax is imposed upon each individual engaged in any occupation in the Township. It is the responsibility of the employer to deduct, from their employees, the tax of $52 per year at a rate of $1 per week employed. This tax is imposed on all income earned in the Township whether salary, wages or commission. The employer must then file quarterly returns to Tri-State Financial Group, LLC remitting the taxes deducted. All self-employed individuals are required to remit their tax as well. Anyone earning less than $12,000 during the year may file an exemption form with their employer. It is the employer's responsibility to implement this exemption. If the employee has not filed an exemption and has paid the tax, the employee is entitled to a refund upon presentation of proof of earnings. Also, anyone who may have had the tax deducted twice in the same year from different employers is entitled to a refund upon presentation of proof of deductions.
Tax Collection and Compliance
All questions regarding forms, compliance and collection with the tax should be directed to Tri-State Financial Group, LLC
Follow this link to access the Township's Rules and Regulations governing Business and Mercantile Tax Collection
Follow this link to access the Township's Rules and Regulations governing Local Services Tax Collection
Audit & Compliance Program
Audit and Compliance Program - the Township reserves the right to audit and inspect all books and records of a taxpayer to support the information reported on taxpayer filed returns.