Here's a rundown of what you need to know about heading out to score deals this weekend, according to information from the Florida Department of Revenue website.
What is the time period for the sales tax holiday?
- Begins at 12:01 a.m. on Friday, August 2, 2013
- Ends at 11:59 p.m. on Sunday, August 4, 2013
What does this mean for you?
- No sales tax will be collected on sales of clothing, footwear and certain accessories selling for $75 or less, per item.
- No sales tax will be collected on certain school supplies selling for $15 or less, per item
- No sales tax will be collected on personal computers and certain related accessories selling for $750 or less, per item when purchased for non-commercial home or personal use.
- Books are not included in the sales tax holiday.
“Clothing” means any article of wearing apparel, including all footwear (except skis, swim fins, roller blades, and skates) intended to be worn on or about the human body. However, “clothing” does not include watches, watch bands, jewelry, umbrellas, handkerchiefs, or sporting equipment.
“School supplies” means pens, pencils, erasers, crayons, notebooks, notebook filler paper, legal pads, binders, lunch boxes, construction paper, markers, folders, poster board, composition books, poster paper, scissors, cellophane tape, glue, paste, rulers, computer disks, protractors, compasses, and calculators.
“Personal computer” means an electronic device that accepts information in digital or similar form and manipulates such information for a result based on a sequence of instructions. The term includes any electronic book reader, laptop, desktop, handheld, tablet, or tower computer but does not include cellular telephones, video game consoles, digital media receivers, or devices that are not primarily designed to process data.
“Related computer accessories” includes keyboards, mice (mouse devices), personal digital assistants, monitors, other peripheral devices, modems, routers, and non-recreational software, regardless of whether the accessories are used in association with a personal computer base unit. Related computer accessories does not include furniture or systems, devices, software, or peripherals that are designed or intended primarily for recreational use. The term “monitor” does not include a device that includes a television tuner.
Now that you know the facts about the tax free holiday, be sure to keep these facts in mind when looking save even more money on back to school shopping, according to U.S. News and World Report.
- Get Organized: It's important to make a list before heading out the door so that you don't make excessive impulse purchases.
- Know When To Go: Looking to stretch your budget? Make major purchases during the tax free holiday break and perhaps wait to buy other less expensive items later in the month.