Back to school shopping tips for the tax free holiday
Better Business BureauAugust 15, 2011, 12:37pm 2,377 views | Post a comment
SAN ANTONIO -- The 13th annual Sales Tax Holiday, or Tax-Free Weekend, begins Friday and runs until Sunday. Consumers can expect to save approximately $8 for every $100 they spend on most clothing, footwear and school supplies priced less than $100. A full list of items that qualify can be found on the Texas Comptroller’s website here.
According to Texas Comptroller Susan Combs, Texas expects shoppers to save $62.1 million this weekend on tax-exempt items. Many stores will be open extended hours and offer additional back-to-school sales to help consumers take advantage of this once-a-year tax-free event. BBB advises consumers to plan ahead, stick to a budget and pay close attention to advertisements to make the most of this weekend’s deals.
Safe Shopping Tips:
Take inventory. Before hitting the stores, take inventory of items you already have. You may have leftover supplies from the previous school year. Look around the house for reusable items such as backpacks, lunchboxes, calculators and rulers.
Set a budget. Decide how much you are willing to spend per person a few days in advance. Include children in the process of creating the budget to teach them responsible money management.
“Back-to-School Sale” doesn’t mean tax-free. Retail stores may advertise back-to-school sales because they know consumers are buying items for the upcoming school year. Certain discounts will still have taxes applied to them unless the item appears on the state comptroller’s tax-free list.
Shop with a list. After taking inventory, create a shopping list and stick to it. This will help you stick to your budget, avoid costly impulse purchases and ensure nothing is forgotten.
Know what your child’s school allows. Schools will often provide parents with a list of required items for the school year which can help determine what you need to purchase. These lists are also available at many retail stores and on school websites. Additionally, many schools have specific dress codes, so keep these restrictions in mind before spending money on clothes the school may not allow.
Check for refund and exchange policies. Be sure you can exchange or return items purchased during this time period. Keep in mind some items may be non-refundable or have restocking fees associated with a return.
To check the reliability of a company and find trustworthy businesses, visit bbb.org.
About Better Business Bureau:
BBB's mission is to be the leader in advancing marketplace trust. BBB accomplishes this mission by creating a community of trustworthy businesses, setting standards for marketplace trust, encouraging and supporting best practices, celebrating marketplace role models and denouncing substandard marketplace behavior.
Businesses that earn BBB Accreditation contractually agree and adhere to the organization's high standards of ethical business behavior. BBB is the preeminent resource to turn to for objective, unbiased information on businesses and charities.
Contact BBB serving Central, Coastal, Southwest Texas and the Permian Basin at (512) 445-4748.
Your Opinions and Comments
Be the first to comment on this story!
You must be logged in to post a comment.
Breaking News Archives
Adkins man arrested for wife’s 2013 murder (June 23, 2016)
Afternoon crash injures one, closes Business Loop 181 in Floresville (June 23, 2016)
Floresville police seek alleged credit card abuser (June 23, 2016)
Floresville road work on S.H. 97 through July 4 (June 22, 2016)
Authorities seek information on two ATVs theft (June 21, 2016)
Time Warner gets Floresville-area Internet back in action (June 14, 2016)
No serious injuries in Floresville rollover (June 10, 2016)
Giant Floresville gator is dead (June 9, 2016)
Truck stolen from Best Western (June 9, 2016)
Fuel thief strikes again in Floresville (June 8, 2016)
Local rainfall totals (June 6, 2016)
Saturday Update from NWS: Flood warnings for area rivers (June 3, 2016)
Weather prompts change in location for LVISD graduation ceremony (June 3, 2016)
Crime Stoppers to hold free training June 6-7 (June 2, 2016)
Be smart about flooding (June 1, 2016)
Flash flood watch continues until Friday (June 1, 2016)