Great news if you’ve been holding off on buying your back-to-school supplies, this weekend you can save your tax money!
Missouri and Arkansas will have their annual sales tax holiday starting on Friday August 2 and running through Sunday, August 4.
What items will be exempt from sales tax?
- Clothing – any article having a taxable value of $100 or less.
- School supplies – not to exceed $50 per purchase
- Computer software – taxable value of $350 or less
- Personal computers – not to exceed $1,500
- Computer peripheral devices – not to exceed $1,500
- Graphing calculators – not to exceed $150
The sales tax holiday applies to state and local sales taxes.
Related Posts