The August 2, 2024, to August 4, 2024, Virginia Tax-Free Weekend 2024 is observed. A few weeks from now comes Virginia’s Sales Tax Holiday, an excellent opportunity to stock up on hurricane items. Items related to hurricane preparation are covered by the Sales Tax Holiday up to $1,000 each.
Virginia Tax-Free Weekend 2024
The Sales Tax Holiday extends to purchases of hurricane preparation, up to $1,000 each. August 2, 2024, until August 4, 2024, is the Sales Tax Holiday. It’s an amazing time to stock up on storm goods since Virginia’s Sales Tax Holiday comes in a few weeks.
During this period one may buy qualified goods, including school supplies, apparel, footwear, hurricane and emergency items, and Energy Star and WaterSense products, during the Virginia Sales Tax Holiday without having to pay sales tax.
The purpose of the Virginia Tax-Free Weekend 2024 is to save families payments on back-to-school items, and to motivate them to take the appropriate safety measures in case of a hurricane. The first, Friday, in August at 12:01 am, is when the Three-day sales tax holiday starts, and it concludes on the following Sunday at 11:59 pm.
Price Cut-off for Virginia Sales Tax Holiday
To availe the benefits of tax-free weekend, teh shoes and clothing must cost $100 or less, and school supplies must cost $20 or less. Limitation does not apply to individual purchases. There are other deadlines for goods related to hurricane preparation.
The qualifying products for hurricane preparation include portable generators that must cost no more than $1,000, gas-powered chainsaws that must cost no more than $350, chainsaw accessories that must cost no more than $60, and other specific equipment.
Only non-commercial home or personal usage is permitted for Energy Star and WaterSense products, which must cost $2,500 or less each. They also need to be labeled WaterSense or Energy Star.
What items are eligible for Virginia Tax-Free Weekend?
The primary types of goods that qualify for tax-free savings are shown below.
- School & Office Supplies: Anything from binders to art materials, book bags, calculators, dictionaries, hand sanitizer, lunch boxes, paper, and rulers may cost up to $20 per item.
- Computers are not regarded as “school supplies” for the sales tax holiday.
- Clothing and footwear: Athletic wear, baby clothes, bathing suits, belts, hats, trousers, shirts, shoes, jackets, costumes, diapers, dresses, gloves, nightwear, and socks are all included in the clothing and footwear category, with a maximum value of $100 per item.
- But, it’s important to be aware that accessories like hair clips, purses, jewelry, makeup, sunglasses, and umbrellas are not free from sales tax if you want to purchase clothing. You are not allowed to buy items like breathing masks, ballet shoes, roller skates, waders, helmets, or other protective or recreational equipment.
- Energy Star or WaterSense products: Up to $2,500. This covers light bulbs, refrigerators, faucets, washing machines, dishwashers, ceiling fans, and dehumidifiers.
- Hurricane preparedness equipment: Up to $1,000 each. These include things like radios, ice packs, batteries, portable light sources, waterproof sheets, chainsaws, portable generators, first aid kits, and more.
Is online shopping included in the Virginia Sales Tax Holiday?
If you prefer to shop online, you may claim the tax discount on things you purchase online, by mail, or the phone. All that is required is that the consumer pay for or get the item(s) within the sales tax exemption time.
If the seller accepts an order within the exemption period for immediate delivery, even if delivery is made after the exemption time, then online buys may also qualify for the tax cut. Sales tax does not apply to goods that must be custom-made for a later shipping date. Rental items are not included.
The item’s basic amount is not raised by the cost of delivery. Therefore, because the dress’s basic price is less than $100, even if you purchase it for $95 and the seller adds a $10 shipping charge, the goods still qualify for a tax deduction.
