This Weekend is Sales Tax Holiday!
School is just around the corner and parents are now prepping up to get what their children need. But did you know that the best time to shop for school supplies in Texas is on a Sales Tax Holiday? Scheduled this weekend from August 5 to 7, the Sales Tax Holiday allows back-to-school shoppers to save 8 cents on every dollar on selected items such as clothes, backpacks, and school supplies.
Each item purchased should not have a price tag over $100, as these items wouldn't qualify for the exemption. As explained in the Texas Comptroller of Public Account's office's website, a single item priced $160 wouldn't be tax exempt, but two items at $80 each will be exempted. The upcoming weekend is truly a great way to save and stock up on some necessities at a discount. Here is a list of tax-exempt items you can purchase during the weekend:
Tax-exempt items include:
The annual tax holiday tradfition began in 1999 and is observed in all Texas stores and Internet or catalog sellers based in the state. The sale begins at 12:01 a.m. on August 5 until 11:59 p.m. August 7. Rentals, alterations, and cleaning services are not included in the exemption, as do items priced over $100. To find out more about local retailers and the complete list of exempt and taxable items, you can access the official Texas Tax Holiday website here.
This post was based on Community Impact's recently-published news article.