By David Jenkins
The start of the 2017-’18 school year is two weeks away and for those who haven’t stocked up on back-to-school essentials, the Sales Tax Holiday is scheduled for Aug. 11-13.
According to information from the Texas Comptrollers website, as in past years, the law exempts most clothing, footwear, school supplies and backpacks priced under $100 for sales and use tax.
This discount could possibly save shoppers about $8 on every $100 spent.
This year, shoppers will save an estimated $92 million in state and local sales taxes during the sales tax holiday. The tax holiday weekend has been an annual event since 1999.
Below is a breakdown of the fine print for the three-day event:
Clothing and footwear
The exemption doesn’t extend to rental of clothing or footwear.
Nor does it apply to alteration (including embroidery) or cleaning services performed on clothes and shoes.
Additionally, tax is due on sales of accessories, including jewelry, handbags, purses, briefcases, luggage, umbrellas, wallets, watches and similar items.