September 11, 2025 - Gas and diesel: The state gas tax is adjusted annually. As of Jan. 1, 2025, Florida’s combined state tax rate on motor fuel is $0.37325 per gallon, up less than one penny from last year.

Florida sales tax range for 2025 · 6%–8% Base state sales tax rate · 6% Local rate range* 0%-2% Total rate range · 6%–8% *Rates are rounded to the nearest hundredth. Due to varying local sales tax rates, we strongly recommend our lookup ...

According to the House’s Ways and Means Committee and the Senate’s Finance and Tax Committee, their tax package (HB 7031) for FY 2025-26 will cost the state approximately $1.29 billion – made up of $1.25 billion permanent cuts and $35 ...

October 31, 2025 - Florida’s sales tax rate—despite the lack of an individual income tax—is lower than those levied in many other southern states. Florida’s sales tax base contains a fair amount of exemptions, and in 2025, Florida narrowed its sales tax base even further with new exemptions as well as ...

Ron DeSantis recently signed House Bill 7031 into law, enacting sweeping changes to Florida's tax statutes that include updates to the sales tax on commercial leases, sales tax relief, certain corporate income tax definitions, the introduction of the "Home Away From Home" Tax Credit and revisions to property tax appeal procedures. Main provisions will take effect at various points in 2025 and 2026.

Your average tax rate is 14.93% and your marginal tax rate is 22%. This marginal tax rate means that your immediate additional income will be taxed at this rate. Use our income tax calculator to estimate how much tax you might pay on your taxable ...

Florida does not have an individual income tax. Florida has a 5.5 percent corporate income tax rate. Florida also has a 6.00 percent state sales tax rate and an average combined state and local sales tax rate of 7.02 percent.

2 weeks ago - In a recent interview on Fox Business, ... property tax revenues in Florida have grown from $32 billion in 2019 to $56 billion in 2025. "The reality is, these local governments have overspent," DeSantis said.

August 6, 2025 - Adding these amounts together, the individual would pay a total of $86,794 of federal income tax in 2025. You now understand how federal income tax rates apply! What about state taxes?

Despite having no income tax, though, ... that Florida residents still have to pay. Enter your financial details to calculate your taxes · A financial advisor may be able to help.

Sales tax is added to the price of taxable goods or services and collected from the purchaser at the time of sale. Florida's general state sales tax rate is 6% with the following exceptions:

June 16, 2025 - We’ve created a helpful primer ... – our 2025 Florida Sales Tax Guide. In this post, we’ll cover important things like the Florida sales tax rate and the rules around Florida nexus. Then, we’ll give you the info you need on things like sales tax holidays in Florida, the Florida food tax, and more. Enter a ...

Florida HB 7031 eliminated the state’s sales tax on commercial real property leases, effective Oct. 1, 2025. This ended both the state-level tax (previously 2%) and local option taxes (typically 1% to 1.5% ), representing meaningful relief ...

1 month ago - A property tax notice for a homeowner in Miami-Dade County. Next fall, Florida voters will likely vote on at least one proposed change to property taxes. It’s an effort led by Gov. Ron DeSantis to reduce or eliminate most local property taxes for homeowners.

February 4, 2025 - However, Floridians aren’t entirely off the hook for taxes. You’re still responsible for paying federal income taxes, as well as state sales and property taxes. For example, if you earned money from Florida sources in 2024, you’ll likely ...

3 weeks ago - In addition to the state sales tax, some municipalities have their own sales taxes that can reach up to 2%. That means that in some cases, you’ll pay as much as 8% in Florida sales taxes[0] Florida Department of Revenue.

July 31, 2025 - Explore Florida's 2025 state tax rates for income, sales, property, retirement, and more. Learn how Florida compares nationwide.

While individuals do not have to pay income taxes, the same is not true for all types of businesses in Florida. Corporations and artificial entities that conduct business, or earn or receive income in Florida, including out-of-state corporations, must file a Florida corporate income tax return unless exempt.

3 days ago - For Social Security, the combined rate is 12.4% on the first $176,100 of wages in 2025. For Medicare, it's 2.9% on all wages, with an extra 0.9% for employees earning more than $200,000 a year.

Florida TaxWatch is Florida’s premier government watchdog, producing nonpartisan research to promote taxpayer accountability, budget transparency, and sound fiscal policy.