Here is Missouri our schools tend to start back for the new school year in mid-August. Early I know compared to many other states, but that’s the way it is. To help families save a bit of money on back-to-school shopping, Missouri has a sales tax holiday each year. This year the tax holiday runs August 7-9, 2015. Even if you don’t have a student you can still take advantage of these savings on certain items during this weekend. Since this is not part of school districts, homeschoolers can also take advantage of all of these savings!
Missouri Sales Tax Exemption Items
- 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 $3,500
- Computer peripheral devices – not to exceed $3,500
The holiday is a state event but many counties and cities also participate. You can find the list of cities, counties, and districts that are not participating on the Missouri government website. Be sure to check it out before you go shopping. If you are in a major metro area, like St. Louis or Kansas City, it can make a big difference to find out which are participating or not. You might not have the no-tax benefit in one city but just a few miles down the road you will. For instance, I live in St. Charles city, which does participate, but my neighboring city of St. Peters does not participate. I usually go to the Target in St. Peters but I won’t during the sales tax holiday weekend.
Do you take advantage of the sales tax holiday in Missouri or the state you live in? How much money do you save with it?[signoff]
© 2015, Robyn Wright. All rights reserved.