A sales tax holiday for Back to School starts Monday in Florida

A sales tax holiday for Back to School starts Monday in Florida

Parents and teachers are busy stocking up on school supplies as the calendar inches closer to a new school year. However, with inflation still affecting our economy, smart buying will be essential this year. As Consumer Reports, bargains editor Samantha Gordon pointed out, "You may pay more than you did a few years ago, but you are about paying the same as last year." The discounts are still there, as last year; you must look harder for them. Gordon believes that as appealing as it is to acquire everything in one place, there are better savings techniques.

To avoid this, creating a back-to-school shopping plan of time is a good idea. Make it a point to compare prices online and to look for in-store specials in the ads at the different stores. The current level of savings is unprecedented. You can also take advantage of Florida's back-to-school tax holiday beginning Monday, July 24, when you can purchase many of the items your child needs tax-free - including pricey laptops. Hence, the allcalculator.net  financial calculator will help you to calculate the tax evaluations.

Learning aids, school supplies, and clothing are included in the tax-free period, Gordon said. For laptops over $1,500, the tax-free allowance applies. Additionally, before you purchase a laptop, please inquire with your child's school, as they might be able to supply one free.

The following products are exempt from sales tax during the two-week tax holiday:

  • $100 or less for each item of clothing, footwear, and accessories
  • A few school items with an average retail price of $50 or less
  • Jigsaw puzzles and learning tools 30 dollars or less
  • PCs, laptops, monitors, and additional computer-related devices costing $1,500 or less when bought for non-business usage in the house or for private use

Before the start of the school year, Gordon advised that you think about skipping certain items off the list. "Many of these things won't be needed for the first month." Stores also start lowering school supply costs after the school year begins - you'll lose out on the tax break, but you can score a decent deal on the goods you don't buy right away.

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