CLARKSVILLE, TN – This year’s back-to-school tax holiday is July 29-31, with no tax on all kinds of school-related items.
Here are the rules for this weekend’s tax holiday:
- Exempt: General clothing that costs $100 or less per item, such as shirts, pants, socks, shoes, dresses, etc.
- Not exempt: clothing items costing more than $100. Items sold together, such as shoes, cannot be split to stay below the $100 maximum. Items such as jewelry, handbags, or sports and recreational equipment.
- Exempt: school and art supplies whose purchase price is less than or equal to $100 per item, such as binders, backpacks, pencils, paper, pens, pencils and rulers, and art supplies like glazes, clay, paints, drawing pads and artist brushes.
- Not exempt: school and art supplies whose individual price exceeds $100. Items that are normally sold together cannot be split to stay below the $100 maximum.
- Exempt: Computers for personal use with a purchase price of $1,500 or less. Laptops, if they cost $1,500 or less, also qualify, as do tablets.
- Not exempt: storage media, such as USB sticks and compact discs. Software purchased individually. Printer supplies. Household appliances
Local businesses can expect an influx of additional customers this weekend, said Clarksville Area Chamber of Commerce President Mark Kelly.
“This weekend is not only good for our consumer community, but also for our small businesses here in our community, especially those who have invested in our Clarksville area Chamber of Commerce. Companies can develop relationships with potential customers and simultaneously display their products so that they have an opportunity for future business. And I think what’s probably more important is that our community can shop here in Clarksville and I consider that to be a win-win situation for all of us.
NFIB State Director Jim Brown said Tennessee’s upcoming tax exemptions, both on school supplies and on food and food ingredients, are a chance for people to support local businesses again. reeling from a series of economic setbacks that began with the COVID-19 pandemic in 2020.
The food tax exemption begins August 1 and ends August 31.
“These tax holidays are designed to help Tennessee families struggling with inflation and rising fuel costs, but they will also make a difference for small independent shops and restaurants,” Brown said in a press release. of State.
“Small businesses have endured a pandemic, supply chain and labor issues, and rising prices for everything from gas to grocery bags,” Brown said. “By buying local during these tax holidays, we can reimburse small businesses that have stayed open and provided us with the goods and services we needed despite the many obstacles.”
Small business owners surveyed for The latest small business economic trends from the NFIB report ranked inflation as the #1 issue affecting their business, followed by the quality of the workforce.
To learn more about Tennessee tax exemptions, visit https://www.tn.gov/revenue/taxes/sales-and-use-tax/sales-tax-holiday.html.
Lee Erwin contributed to this report.