The annual Sales Tax Holiday, or Tax-Free Weekend, starts this Friday and ends on Sunday. It’s also a perfect opportunity to get in some back-to-school shopping. You can expect to save about $8 for every $100 you spend on most clothing items, footwear and school supplies. To help prevent overspending or purchasing unnecessary items, BBB recommends using the following list as your guide for savvy tax-free shopping:
Know what your child’s school allows. Schools will often provide parents with a list of required items for the school year. 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 supplies at home you can reuse. Before hitting the stores, take inventory of items you already have. Look around the house for reusable items such as backpacks, lunchboxes, calculators and other supplies.
Make a shopping list of what your child needs. 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 you don’t forget anything.
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 techniques.
Understand a “Back-to-School Sale” does not 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.
For a full list of items that will be tax-free this weekend, visit the Texas Comptroller’s website by clicking here.