Sales Tax Holiday 2015 for Back-To-School supplies is coming up!
This wonderfully helpful Florida holiday begins at 12:01 am on Friday, August 7, 2015, and ends at 11:59 pm on Sunday, August 16, 2015.
If you’re not familiar with this event, here’s your chance to learn. The Department of Revenue has listed under Florida Law that businesses may not collect sales tax or local option tax on certain purchases. This promotion (of sorts) is directed straight at students needing to purchase supplies for the upcoming school year. Of course, many other members of the community can take advantage of this holiday as well. Many computer-based purchases are covered by the sales tax holiday! So that’s why we take an interest in the holiday.
For a basic overview of this year’s event below I’ve copied over what the DoR has sent out to businesses.
During this holiday period, Florida law directs that no sales tax or local option tax (also known as discretionary sales surtax) will be collected on purchases of:
• Clothing, footwear, and certain accessories selling for $100 or less per item,
• Certain school supplies selling for $15 or less per item, and
• Personal computers and certain computer-related accessories on the first $750 of the sales price, when purchased for noncommercial home or personal use.
This holiday does not apply to:
• Any item of clothing selling for more than $100;
• Any school supply item selling for more than $15;
• Books that are not otherwise exempt;
• Rentals or leases of any of these items;
• Repairs or alterations of any of these items; or
• Sales of clothing, school supplies, or computers and computer-related accessories in a theme park, entertainment complex, public lodging establishment, or airport.
To read more on what the Department of Revenue has written about this year’s sales tax holiday visit their website at: http://www.myflorida.com/dor/
Or to view the direct .pdf of this year sales tax holiday visit: http://goo.gl/FrFQUq