Tax free holiday this weekend

Written by  Monday, 04 August 2014 09:32

  The annual tax holiday is this Friday and Saturday.  Governor Nathan Deal recently signed legislation extending the statewide back-to-school tax-free holiday as well as the ENERGY STAR and WaterSense appliance tax-free holiday weekends for an additional two years.

 

  For these two days sales taxes will be suspended on computers, software and more that costs less than $1,000, clothes and shoes up to $100 per item, and school supplies worth less than $20 each.

 

  The Georgia Retail Association expects shoppers will save an estimated $2 billion savings on back to school and college purchases.  GRA Executive Director Taylor Byrd says the tax holiday will benefit retailers in the state as well as shoppers with increased business.  He said it will be "good for our economy” bringing “more work hours and higher payrolls."

 

  The tax exemption applies to computers, software and more worth less than $1,000, clothes and shoes worth less than $100 per item, and school supplies worth less than $20 per item.

 

 

 

 

 

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