Increases to some taxes and fees in New Mexico go into effect on July 1

Increases to some taxes and fees in New Mexico go into effect on July 1
June 4, 2025

LATEST NEWS

Increases to some taxes and fees in New Mexico go into effect on July 1

NEW MEXICO (KRQE) – Some tax and fee changes throughout the state are soon going into effect. On July 1, the excise tax rate on cannabis will go up from 12% to 13%. Then every year after, the rate will increase until it reaches 18 percent in 2030.

New resolution looks to add more properties to Nob Hill redevelopment project

The New Mexico Taxation and Revenue Department said sales tax increased in several towns, including Roswell, Texico, Las Cruces, and Portales. Also, workers’ comp fees will go up 25 cents for employers and employees. The 911 emergency surcharge, which funds dispatch operations statewide, is now $1. The telecommunications relay surge is now 1.36%. That revenue will go to the 988 crisis line.

Share this post:

POLL

Who Will Vote For?

Other

Republican

Democrat

RECENT NEWS

Albuquerque City Council rejects gross receipts tax increase

Albuquerque City Council rejects gross receipts tax increase

E. coli linked to cheddar cheese made with raw milk sickens 7 in the US

E. coli linked to cheddar cheese made with raw milk sickens 7 in the US

APD investigates suspicious death in SE Albuquerque

APD investigating suspicious death in northeast Albuquerque

Dynamic Country URL Go to Country Info Page