Virginia’s annual three-day tax holiday is set to begin on Friday, August 6 and run until Sunday, August 8. During the tax holiday, consumers may buy qualifying school supplies, clothing, footwear, hurricane and emergency preparedness items, and Energy StarTM and WaterSenseTM products without paying tax.
With retail predictions strong for the back to school shopping season, the weekend is the perfect opportunity for retailers to get in front of their customers and highlight their offerings via social media or enewsletters. Retail forecasts predict that the 2021 back to school shopping season will be one for the record books with National Retail Federation estimating that families will spend an average of $849 on back to school items, almost $60 more than they did last year. That number jumps to $1200 for college students.
Here’s a look at everything that’s included in the sales tax holiday weekend. View the full retailer guidelines here, and don’t forget to update your POS systems!
School Supplies and Clothing:
Items commonly used by students in their studies (excluding computers) are considered eligible for exemption. Items must be sold for $20 or less but do not need to be purchased for school use or in connection with a school activity.
Tax-exempt clothing encompasses apparel and typical footwear as well as select items including wedding apparel and leotards which retails for $100 or less. Sporting equipment and items not considered appropriate for everyday wear are not exempt.
With many parents facing another semester of at-home online learning and those who are going to in-person unable to share supplies, school supplies could prove to be in high demand this year.
View the full list of exempt school supplies and clothing here.
Hurricane Preparedness Items:
Virginia sees more hurricane-related storms towards the end of the season making Tax-Free Weekend an ideal time to stock up on supplies including portable generators ($1,000 or less per item), gas-powered chainsaws ($350 or less per item), chainsaw accessories ($60 or less per item), as well as other specified hurricane preparedness items.
View the full list of exempt hurricane preparedness items here.
EnergyStarTM and WaterSenseTM Products:
Items bearing an EnergyStarTM or WaterSenseTM sold for $2,500 or less are exempt during Tax Free Weekend. These items must be used for personal use and may include air conditioners, ceiling fans, light bulbs, dehumidifiers, refrigerators, sink faucets, toilets, and landscape irrigation products.
View the full list of exempt EnergyStarTM and WaterSenseTM products here.