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Virginia residents have an opportunity to save money this weekend with the state’s sales tax holiday, which begins on Friday and ends on Sunday. During this time, certain products will be exempt from the state’s 4.3% sales tax, allowing shoppers to purchase items without the added tax cost.
Items that qualify for the tax exemption include school supplies, clothing, and footwear that are priced at $100 or less per item. Computers and other tech devices that are $1,000 or less per item also qualify for the tax exemption. Even Energy Star and WaterSense products that are $2,500 or less per item are eligible for the tax break.
While the tax holiday presents a great opportunity for residents to save money on necessary items, it is important for shoppers to be mindful of the restrictions and guidelines. For example, items like watches, jewelry, and handbags are not eligible for the tax exemption. Additionally, sports equipment, protective gear, and certain accessories are also not included in the tax-free weekend.
To take advantage of the tax holiday, shoppers can visit local retailers or shop online to find eligible items. By saving on sales tax, residents can stretch their dollars further and make the most of this limited-time opportunity. It is advisable for shoppers to plan ahead and make a list of the items they need in order to maximize their savings during the tax-free weekend.
Overall, Virginia residents should take advantage of the sales tax holiday to save money on back-to-school supplies, clothing, technology, and energy-efficient products. This event provides a great opportunity for residents to stretch their budgets and make essential purchases without the added cost of sales tax.
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