The 2013-2014 school year is quickly approaching and I would like to remind you of the upcoming back-to-school tax holiday, which is August 2nd through 4th. During these days, certain school supplies, clothing and footwear will be exempt from the Virginia sales tax.
As in past years, a variety of school supplies, including notebooks, pens, binders, calculators, paints and crayons, will be tax-free as long as each item costs $20 or less. Most clothing items and footwear will also be exempt from the sales tax as long as they are priced at $100 or less each. There is no limit on the number of items you can purchase tax-free as long as each item qualifies.
To view a full list of the items that are included in the sales tax holiday along with guidelines and frequently asked questions for both consumers and retailers, click here
The sales tax holiday is available to anyone - not just those preparing for school - and all Virginia retailers who sell the exempt products must participate. During the sales tax holiday, retailers may also choose to save taxpayers even more by opting to pay the sales tax themselves on items that are not exempt under the guidelines.