Everybody loves a good deal, and the expenses tend to pile up during back-to-school time. Parents and other savvy shoppers will flock to South Carolina stores for the annual Tax Free Weekend, which begins early Friday and goes through Sunday, August 4 – 6.
This weekend, consumers will keep the usual six percent S.C. state sales tax in their pockets, and also save on certain other local taxes.
Saving cash is helpful, but it’s also important for shoppers to be strategic about the specific businesses they visit and the items they want to purchase. Before heading out on a shopping spree, do some research – there might be certain items excluded or ones that don’t qualify.
Among the items eligible for savings are clothing,shoes, book bags, computers, and more. Items such as jewelry, cosmetics, eyewear, furniture, and layaway purchases are not exempt, according to the S.C. Department of Revenue Sales Tax Free Weekend 2017 website.
The department even provides consumers with a handy shopping guide which includes exempt and non-exempt items for the following categories:
- Clothing and accessories
- School supplies and technology
- Dorm and home
Families usually opt for savings on bigger items, where the tax otherwise really adds up, rather than braving the potential crowds for pencils and smaller items.
A Charleston father of three told The Post and Courier that he jumps at the opportunity to save on footwear and other pricier items during tax free weekend “because the tax savings on those can be kind of significant.”
It is common in other states for maximum prices to be placed on items to be sold tax free. And the island packet says South Carolina has no such limits according to Lifehacker — so happy shopping!
Keep an eye out for advertisements on savings across the Lowcountry and the entire state: Many retailers are extending their hours and advertising deals this weekend. According to The Post and Courier, Tanger Outlets will be open until 10 p.m. Friday and Saturday, and coupons for 25 percent off will be available at Shopper Services.
In years past, shoppers have saved between $2 million and $3 million during the holiday weekend.