Tangible personal property is everything other than real estate that is used in a business to produce income and that has value by itself. It includes such depreciating assets as furniture, fixtures, tools, machinery, household appliances, signs, equipment, leasehold improvements, supplies, and leased equipment.

Anyone owning tangible personal property on January 1, who has either a proprietorship, partnership, corporation, or is a self-employed agent or a contractor, must file a tangible personal property return by April 1 each year. Property owners who lease, lend, or rent property must also file.

At the beginning of each year, a tangible personal property tax return is mailed to all property owners who filed a return the previous year, applied for an occupational license, started or purchased a business. Failure to receive a return does not excuse a person from filing or the penalties levied on late returns.

Tangible personal property returns filed after April 1 carry a penalty of 5 percent per month (up to 25 percent).

NEW for 2020:  Our office now allows for electronic filing of your TPP returns.  To eFile, visit https://tpp.scpafl.org and search for your account.

Click here for help on eFiling.

Based on the value of your tangible personal property last year, you may not be required to file a Tangible Personal Property Return for 2020 if:

• You received a waiver from our office and
• the value of your property remains at $25,000 or less on January 1st each year

However, you must file a 2020 Tangible Personal Property Return if:

• The value of your property was/is more than $25,000 for the previous tax roll or in any upcoming year OR
• You are a new business to Seminole County and it is your initial filing

New for 2020:  Our office now allows for electronic filing of your TPP return.  Visit https://tpp.scpafl.org.  You can use our eFile system to:

• Download a prepopulated, fillable return
• eFile your TPP return (access code required)
• Request an access code
• Electronically sign your return
• Request a filing extension
• Submit a 'Business Closure' request

The filing deadline is April 1st each year.*

*We have granted automatic 45-day extensions to all Tangible Personal Property (TPP) accounts to file their 2020 TPP Tax Return.  The deadline is now Monday, May 18, 2020.  You do not have to submit an extension request to our office.  

If you were required to file a return in the previous year but did not, you may have to pay a penalty of 25% of the total tax levied against the property for each year that you did not file, calculated without benefit of the exemption. If you claim more exemptions than allowed, the penalty is the taxes exempted because of the wrongful claim plus 15% interest each year and a penalty of 50% of the taxes exempted. See section 196.183, Florida Statutes.