If you’re looking to stock up on school supplies for your kids or just need new additions to your wardrobe, this weekend’s sales tax holiday is a great way to save some money.
The 7th annual back-to-school sales tax holiday will return next week, allowing individuals and families to save money on essential supplies and clothing prior to the coming school year. Between Friday, August 3rd through Sunday, August 5th school items $20 and less, as well as clothing and footwear $100 and less, will be exempt from the 5% sales tax.
“Of the Commonwealth’s three sales tax holidays, this is the most popular because it helps parents around the state save money while purchasing essential school supplies, clothing, and shoes to help their children have a successful year at school,” said Governor Bob McDonnell. “But it’s also important to remember that you don’t have to be going back to school to take advantage of these savings.”
The items exempt from the sales tax include:
- loose leaf paper
- construction paper
Additional information and FAQs are available on the Virginia Department of Taxation website.