This is tax free weekend for back-to-school items
Sales Tax Holiday brings relief to Mississippi shoppers
In a much-anticipated economic event, Mississippi’s Sales Tax Holiday kicked off at midnight today, offering the state’s consumers a tax break on a range of back-to-school items. The holiday, which will run through Sunday midnight, has been moved up this year in response to the earlier opening of many Mississippi schools.
Tax Holiday Comes Early This Year
This annual tax-free weekend arrives a little earlier than usual this year. The Mississippi Legislators passed a bill in the previous session to move up the event in line with the state’s schools, which are opening their doors early. Some local schools, like those in Oxford and Lafayette County, are already planned to commence classes on Aug. 1.
Save on a Wide Range of Items
The Sales Tax Weekend provides a welcome break to shoppers, allowing them to save on taxes on various clothing items, school supplies, and other miscellaneous necessities for the new school year. The back-to-school sales tax holiday applies to articles of clothing, footwear or school supplies if the sales price of a single item is less than $100. For a full list of eligible and non-eligible items, one can visit the Department of Revenue website.
Boost to Local Economy
Apart from consumers, the Sales Tax Holiday also considerably benefits the local economy. Retailers often report increased footfall and sales during this period, as people take advantage of the tax-free shopping to stock up on the school year’s essentials. However, consumers are reminded to shop responsibly and adhere to any local health guidelines to ensure a safe and smooth shopping experience.
Locals Welcome the Tax-Break Initiative
Locals eagerly awaiting this tax-break initiative are delighted with the early timing. Many parents see this holiday as an opportunity not only to save money but also to get a head start on back-to-school shopping. Shoppers are encouraged to plan their purchases in advance to make the most of the deals available.
Online Availability
Besides in-store shopping, consumers can take advantage of the tax holiday when shopping online. Eligible items purchased online during the holiday period and delivered to a location in Mississippi will also be tax-exempt. Therefore, Mississippi shoppers have the option to enjoy tax-free shopping from the safety and comfort of their homes.
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