Florida residents are willing to save some money during the 2024 Freedom Month Sales Tax Exemption this month.

The program is designed to provide a great opportunity to stock up on various recreational and outdoor items without paying sales tax.

This initiative, which was spearheaded by the Florida Legislature and supported by Governor Ron DeSantisruns from July 1 to July 31.

During this month-long event, you can shop tax-free on items related to recreation and outdoor activities.

In addition, entrance fees for various entertainment and cultural events are exempt from sales tax.

The program is implemented in July, as this is an ideal time for residents to prepare for their summer vacations or to engage in cultural enrichment without the additional cost of taxes.

Florida Sales Tax Exemptions

Florida offers several other VAT exemptions throughout the year.

Here’s a quick overview:

• Disaster preparedness tax holiday period: June 1 – 14 and August 24 – September 6, 2024
• Tax-free period for skilled workers: September 1 – 7, 2024
• Permanent exemptions: Baby and toddler clothes, shoes, diapers and wipes are always tax-free.
• Tax-free period for school leavers: July 29 – August 11,

2024

As families prepare for the upcoming school year, the tax holiday period around the start of the school year offers a fantastic opportunity to purchase essential items tax-free.

According to the National Retail FederationThe average American family is expected to spend approximately €874.68 on school supplies. This is what you can buy tax-free during this period:

Clothing, shoes and accessories: Items priced at $100 or less each, except skis, flippers, roller skates, and ice skates.

This includes backpacks, diaper bags, fanny packs and handbags.

Personal Computers and Accessories: For non-commercial use, items priced at $1,500 or less.

This includes desktops, laptops, tablets, e-book readers, calculators and accessories such as keyboards, mice, monitors and routers.

School supplies: Items priced at $50 or less.

This includes ring binders, compasses, notebooks, computer disks, craft paper, crayons, erasers, folders, glue, notepads, lunch boxes, markers, notebooks, notebook filler paper, pencils, pens, poster board, poster paper, protractors, rulers, scissors, staplers and staples.

It is important to note that if an item exceeds the price limits stated above, it will not be eligible for the VAT exemption.

In addition, the tax exemption does not apply to the rental or repair of any of the qualifying items.

Purchases made at amusement parks, entertainment centres, public hotels or airports are also not covered by the tax-free benefits.

This tax-free periods offer consumers excellent opportunities to save money on a wide range of items.

Whether you’re preparing for the upcoming school year, stocking up on baby essentials, or gearing up for outdoor adventures, Residents of Florida can take advantage of these tax exemptions to maximize their savings.