Virginia’s back-to-school sales tax holiday returns Aug. 3-5
- July 27, 2012
Virginians will be able to purchase school supplies; clothing and footwear tax free Aug. 3-5 as part of the commonwealth’s seventh annual back-to-school sales tax holiday.
School supplies costing $20 or less each and clothing items and footwear priced at $100 or less each will be exempt from Virginia’s 5 percent state and local sales tax. The list of tax-exempt items is the same as last year and includes such products as pens, notebook paper, backpacks, sneakers, jeans and T-shirts.
“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. But it’s also important to remember that you don’t have to be going back to school to take advantage of these savings. Who doesn’t want to save money on office supplies and summer clothes?” Gov. Bob McDonnell said in a statement.
As long as each item purchased qualifies for the exemption, there is no limit on the number of items customers can buy. Retailers may choose to absorb the sales tax, or pay it themselves, on items not eligible for exemption. The retailers must then pay the sales tax themselves on such sales.