Sales tax holiday could save on school supplies

   Texas Comptroller Glenn Hegar reminds shoppers the annual sales tax holiday is scheduled for this Friday,Saturday and Sunday, Aug. 7 - 9.
   The law exempts most clothing, footwear, school supplies and backpacks priced under $100 from sales tax, which could save shoppers about $8 on every $100 they spend during the weekend.
   Lists of apparel and school supplies that may be purchased tax-free can be found on the Comptroller’s website at TexasTaxHoliday.org.
    According to the Texas Comptroller’s Office the Texas state sales and use tax rate is 6.25 percent, but local taxing jurisdictions like cities and counties can also impose sales and use tax up to 2 percent for a total maximum combined rate of 8.25 percent.
   For an item to be tax exempt it must cost less than $100 before tax is added.
   The exemption applies to each eligible item that sells for less than $100, regardless of how many items are sold on the same invoice to a customer.
   For example, a customer could purchase two pairs of jeans for $60 a piece an end up with a total of $120, they would still retain the tax exempt price and save about $16.
   This includes most clothes, shoes, backpacks, lunch boxes and school supplies.
   Textbooks, computers, and software are not tax exempt.
   There are some school supplies requested by teachers and various school districts like facial tissue, plastic baggies, had sanitizer and so forth that are not tax exempt either.
   Also, clothing items that require custom work, sports equipment, clothing rentals and most accessories are not tax exempt.
   Purses, hair accessories, watches, belt buckles, umbrellas, wallets and so forth count as accessories and are not tax exempt.
   Many national retailers will have special offers and coupons for consumers to use during that weekend as well.
   Local retailer, Wild Bill’s Western Wear, will have marked sale prices on jeans and clearance items.
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