Credit Card
Pay online using the Business Personal Property system. You will need the seven-digit account number shown on your statement.
Iron County Assessor
Personal Property
Business personal property filing, forms, payment information, exemptions, deadlines, and resources.
1 in 3 Utah homes have high levels of radon. Protect your family's health and test your home today. Visit Utah's Radon Program Opens in a new tab.
Important 2026 Filing Update
No paper Personal Property returns will be accepted this year. All statements must be submitted online. Mailed paper forms will not be processed.
2026 Filing
File Your Business Personal Property Statement
Business personal property statements must be filed online for the 2026 tax year.
Utah law requires business personal property to be reported to the county assessor where the property is located. Property is reported using a Personal Property Signed Statement and is valued as of January 1 each year.
You will need your seven-digit account number and PIN to access the online Business Personal Property filing system.
Need help with your account number or PIN? Call the Personal Property Specialist at 435-477-8323.
Payment Information
Ways to Pay
Personal Property taxes may be paid by credit card, cash, check, or money order.
Cash
Cash payments may be made in person at the Iron County Treasurer's Office during business hours. Do not mail cash.
Check
Checks may be paid in person or by mail. Include the business name and account number with your payment.
Money Order
Money orders may be paid in person or mailed with the business name and account number.
Mailing a Payment
Include your business name and account number with check or money order payments.
Iron County AssessorP.O. Box 537
68 S 100 E
Parowan, UT 84761
Tax Exemptions
What Is Exempt From Taxation?
Utah law provides exemptions for certain types and values of personal property.
2026 Exemption Threshold
$30,100
Tangible personal property of a taxpayer is exempt if the property has a total aggregate fair market value of $30,100 or less in 2026.
This exemption does not apply to registered motor and recreational vehicles or mobile homes.
To apply for this exemption, contact the Iron County Assessor. A completed Signed Statement is required. Late filing forfeits exemption eligibility.
Merchandise Inventory
Wares and merchandise held for sale in the ordinary course of business, which constitute the stock-in-trade of any retailer, wholesaler, manufacturer, farmer, or livestock owner, are exempt from ad valorem taxes.
Farm Machinery and Equipment
Tractors, milking equipment, feed handling equipment, harvesters, storage and cooling facilities, choppers, grain drills and planters, tillage tools, scales, combines, seeders, sprayers, haying equipment, and other machinery or equipment used primarily for agricultural purposes are exempt from ad valorem property tax.
The exemption does not include motor vehicles required to be registered with the Tax Commission or machinery and equipment used in processing agricultural products.
Property Used for Irrigation Purposes
Property used for irrigation purposes is exempt from property taxation. The exemption is limited to the property listed in Article XIII, Section 2 of the Utah Constitution.
Household Furnishings
UCA §59-2-1113 Opens in a new tabAdministrative Rule 884-24P-29
Household furnishings, furniture, and equipment used exclusively to maintain a primary or secondary residence are exempt from property taxation.
Certain Tangible Personal Property
Tangible personal property of a taxpayer is exempt if the property has a total aggregate fair market value of $30,100 or less in 2026.
The exemption does not apply to registered motor and recreational vehicles or mobile homes.
An item of taxable tangible personal property is exempt from taxation if the acquisition cost of that item was $1,000 or less and is valued at a percent good of 25% or less in 2019. The exemption only applies to personal property valued by schedules having a percent good residual of 25% or less.
Registered Motor Vehicles, Recreational Vehicles and Aircraft
Registered motor vehicles, recreational vehicles, and aircraft are exempt from ad valorem taxation and are taxed by uniform fees.
Business Personal Property
Understanding Personal Property
Information for businesses completing their Personal Property Signed Statement.
What Is Personal Property?
Utah law requires property taxation to help fund local government and Utah schools. Generally, personal property used in business is subject to property tax and must be reported to the county assessor where the property is located.
What Is Tangible Personal Property?
Tangible personal property includes functioning equipment, machinery, furniture, and other property designed to perform a particular function. The taxable item is generally the functioning property as a whole rather than each individual component.
New Business or Never Filed?
Report furniture and fixtures, machinery and equipment, computer equipment, and software owned as of January 1 at 100% acquisition cost by year acquired. Leased property should also be reported. Do not include motor vehicles.
Previously Filed?
If you previously filed, Schedule A should list property acquired or disposed of during 2026.
No Longer in Business?
If the business has closed or changed ownership, report the circumstances using the Business Change Form and return it by the applicable filing deadline.
Acquisition Cost
Acquisition cost includes costs necessary to put property into service, including purchase price, freight, installation, engineering, assembly, sales taxes, and other qualifying costs.
What Should Be Included in Acquisition Cost?
Freight, shipping, loading, unloading, crating, and related shipping costs
Installation, engineering, rigging, erection, or assembly
Foundations, pilings, utility connections, and related installation costs
Excise and sales taxes
Other costs required to place the property into service
Do not include indirect costs such as debugging, licensing fees, permits, insurance, or security.
File Your Signed Statement on Time
Failure to file a return may result in a penalty of 10% of the estimated tax due, with a minimum penalty of $25. Interest may also be charged on an outstanding balance.
The 2026 exemption cannot be applied after the May 15 filing deadline.
Questions?
Personal Property Assistance
Contact the Iron County Assessor for help with business personal property filing, account information, exemptions, or your PIN.
Personal Property Specialist available Monday–Thursday, 8:00 AM–5:00 PM or by appointment.
Personal Property
Address
68 S 100 E, Parowan, UT 84761
Phone
435-477-8323Office Hours
Monday–Thursday 8:00 AM–5:00 PM Or by appointment
Assessor Resources
Looking for Something Else?
Return to the Assessor homepage or browse other Iron County services.