Tax Free Week In Connecticut Is Coming Up
You know it's getting closer to back to school time when you hear about Tax Free Week here in Connecticut.
It's become an annual tradition, and just in time for back to school shopping, it's the 18th annual Tax Free Week and it all starts this Sunday (August 19th).
Tax free week comes at a time when families need it the most, when their getting ready to get the kids outfitted for back to school.
During the week that runs from Sunday August 19th through Saturday August 25th, retail purchases of most clothing and footwear items priced under $100 dollars are exempt from sales and use tax.
According to the Connecticut Department of Revenue Services shoppers are expected to benefit from approximately $4.8 million in sales and use tax savings during the seven days.
Just in case you are unsure of exactly what's covered and what's not during Tax Free Week here's the official explanation from DRS:
Connecticut’s one-week sales and use tax holiday applies to each eligible item of clothing or footwear sold for less than $100, regardless of how many items are sold to a customer on the same invoice. Tax is calculated on the final sales price of an item, after all reductions and coupons are applied. Items that cost $100 or more are subject to sales and use tax for the entire price of that item.
So happy shopping and enjoy the savings, it only happens for one week, once a year.
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