Cash registers to be ringing during Tax Free Holiday
Posted on 8/8/2014 7:43:00 AM.
 
 
(Seguin) -- If you're looking to save a few extra dollars on your back-to-school shopping, then this weekend might be the best time to do so.  This year's tax-free weekend runs from Friday until midnight Sunday night.

This weekend items such as school supplies, clothing, shoes and backpacks priced at less than $100 are exempt from state and local sales taxes. The dates for the sales tax holiday are set by the Texas Legislature.
 
While shoes and clothing priced under $100 have been exempt from sales taxes during the holiday since its inception in 1999, Gov. Perry signed HB 1801 in 2009 adding a variety of school supplies to the exemption list, ranging from pens and pencils to scissors and calculators.
 
According to the National Retail Federation, the average family with kids in kindergarten through high school will spend about $669.28 getting ready to head back to school this year. If you shop this weekend, they say families will shave $55.21 off that total just in tax savings.
 
Texas shoppers are expected to save about $8 for every $100 they spend, and are expected to save a total $64.8 million in state and local sales tax during this year's holiday weekend. Texas shoppers reportedly have saved $626.9 million since the first tax-free holiday in 1999.
tax free weekend, Seguin


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