There is generally no sales tax in New Hampshire, with the following exceptions:
Prepared meals, room rentals (less than 185 days): 8.5%
Motor vehicle rentals: 9%
Communications services: 7%
Electricity: $.00055 per megawatt-hour
Gasoline Tax: 42.23 cents/gallon (Includes all state, local, and federal taxes)
Diesel Fuel Tax: 48.23 cents/gallon (Includes all state, local, and federal taxes)
Personal Income Tax
Dividend and interest income exceeding the $2,400 single exemption (or $4,800 joint exemption) are taxed at 5%. Persons 65 and older, disabled and/or blind individuals may be eligible for another $1,200.
Total local and state taxes average 2.18% of the property's assessed value.
Calculation of assessed value: Fair market value; reappraised annually.
Relief programs for:
Low Income: Exemption available if income less than $20,000 single, $40,000 married filing jointly.
65 and over: Up to $203,000 can be deducted from the assessed value based on age, income, and property value. Must be resident for three years.
Disabled (non-service connected) Veterans: May be eligible for up to $4,000 tax credit.
Surviving spouse of servicemember killed in action: May be eligible for a tax credit between $700 and $4,000.
Disabled Veterans/Unmarried Surviving Spouse: May be eligible for partial tax credit (minimum $701) to full exemption.
Disabled: Exemption based on income, optional by county.
Personal Property Tax: Yes. Rates and exemptions vary.