The City of Portsmouth levies a meal / food-and-beverage tax, and can require a restaurant or corporation that collects it to post a bond guaranteeing the tax is remitted. The city sets the amount — usually tied to your monthly collections — and pricing starts from $100, with no credit fields in the application.
















No underwriting queue for the standard meal-tax bond — enter the amount the city required, pay, and file with the Commissioner of the Revenue. Here is the whole thing:
Your business details, the bond amount the city required, and the effective date — that is the entire application, with no credit section.
No waiting — the executed bond is generated as soon as you pay. Larger amounts may get a quick review; if a soft credit check runs, it never affects your score.
Submit the executed bond to the Commissioner of the Revenue / Treasurer to satisfy the meal-tax bond requirement. Wet-ink originals mailed on request.
The City of Portsmouth imposes a meal / food-and-beverage tax that restaurants and other sellers collect from customers and remit to the city. The bond is a tax-remittance guarantee: it stands behind the meal tax you collect on the city's behalf.
It's a three-party arrangement: you (the principal), the surety carrier, and the City of Portsmouth (the obligee). If you collect the meal tax but fail to remit it, the city can recover the unpaid tax against the bond.
The amount is set by the city, generally from your monthly collections, not a flat schedule. It is not insurance for you — if the surety pays the city, you repay the surety. We issue whatever amount the city set; pricing starts from $100, and the application collects no credit information at the standard amount.
Submit the application with the bond amount the City of Portsmouth set — the executed bond is generated instantly, ready to file. No credit fields in the application.
Start the application →Pricing from $100. Enter the amount the city required and file the same day.