When is the tax holiday in Florida? This is a question that many residents and visitors to the Sunshine State ask themselves each year. Florida’s tax holiday is a highly anticipated event that offers consumers the opportunity to save money on certain purchases. In this article, we will explore the dates of the tax holiday in Florida, the types of items that are exempt from taxes, and how you can make the most of this exciting opportunity.
The Florida tax holiday typically takes place during the first weekend in August. This year, the tax holiday is scheduled for August 5-7, 2023. During this period, Florida residents and visitors can purchase a wide range of items without paying sales tax. The tax holiday is designed to encourage spending and boost the state’s economy.
So, what types of items are eligible for the tax holiday in Florida? The list includes clothing, footwear, school supplies, and hurricane supplies. Clothing and footwear are exempt from taxes as long as they cost $100 or less per item. School supplies are also exempt, but only if they cost $50 or less per item. Additionally, hurricane supplies, such as generators and portable generators, are exempt from taxes as long as they cost $750 or less per item.
It’s important to note that not all items are eligible for the tax holiday. For example, items that are regularly priced at $100 or more are not exempt, nor are accessories such as jewelry, watches, and sunglasses. Additionally, items purchased for business or resale purposes are not eligible for the tax holiday.
As the tax holiday approaches, it’s a great time to plan your shopping trips. Make a list of the items you need and check the prices to ensure they meet the tax-exempt criteria. Keep in mind that the tax holiday is a popular event, so stores may experience high traffic. It’s a good idea to shop early in the weekend to avoid long lines and crowded stores.
By taking advantage of the tax holiday in Florida, you can save money on essential purchases while supporting the local economy. So, mark your calendars for August 5-7, 2023, and get ready to enjoy the savings!
