In light of the current COVID-19 crisis, the Board of Commissioners of Radnor Township, in an effort to support our business community, passed Resolution 2020-52. Tax returns are typically required to be filed with the Township's Finance Department by May 15th of each year. 2020 Mercantile Tax Return (Due )* (See Below).2022 Mercantile Tax Application for Extension (Due )** (See Below).This form can be printed blank and completed manually. If you experience problems, try opening this form using Adobe Reader. **This form may not work in all web browsers. New Business License Registration** (See Below).2023 Mercantile Tax Application for Extension (Due )** (See Below).In addition, each business must pay an annual $10 business license fee, which appears on the return and paid with the return. Businesses may exclude the gross receipts of the retail sale of alcoholic beverages. "Gross volume of business" includes all receipts whether cash, credit, or other property.īusinesses subject to the MT 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). The MT applies to the gross volume of business of wholesale and/or retail vendors in goods, wares, and merchandise of every kind, and all persons engaged in conducting restaurants or other places where food, drink, or refreshments are sold. The Mercantile Tax (MT) is a gross volume of business tax levied by the Radnor Township Board of Commissioners upon the privilege of doing certain types of business in Radnor.
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