The Business Privilege Tax (BPT) is a business gross receipts tax levied by Radnor Township for the Privilege of doing business in Radnor. For purposes of the BPT, business is defined as all businesses, trades, occupations and professions which offer any kind of service.
The BPT applies to the gross receipts of all businesses and persons engaged in business in Radnor Township except those of businesses subject to the Mercantile Tax or businesses that fall under the manufacturing or other allowable exclusions or that are subject to gross receipts taxes for services rendered under certain conditions in other municipalities.
Businesses subject to the BPT are required to pay a tax to Radnor Township each year equal to 3 mills, or $3 for every $1,000 in gross receipts (the 1st $25,000 in gross receipts are exempt). In addition, each business must pay an annual $10 business license fee.
BPT returns are required to be filed with the Township's Finance Department by May 15 each year. Failure to file a BPT return or to pay any taxes due can lead to citations, fines, and suspension of the privilege to do business in Radnor Township.