Schools
Local Back-to-School Shoppers Will See Some Tax Savings Aug. 5 – 7
Ladue has opted out; Creve Coeur, and Olivette are in Missouri's tax-free holiday, which allows shoppers to save on clothing, shoes, back-to-school supplies and computers.
If you’re in the market for clothes, shoes, school supplies or computers, this weekend is the time to buy.
That’s when Missouri is holding its annual Back-to-School Sales Tax Holiday, saving shoppers 4.225 percent in state sales tax on certain items. It begins at midnight Friday, Aug. 5 and ends at midnight Sunday, Aug. 7.
Cities and counties within the state have the choice of whether to take part in the program. St. Louis County, which has a 2.7-percent tax rate, has opted to waive its tax this weekend.
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The City of Ladue has decided not to participate. However, shoppers can still receive the 6.925-percent tax exemption on state and county sales taxes in nearby Creve Coeur and Olivette.
That means local shoppers will pay only the local sales tax, which is 1.25 percent.
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Items eligible for the tax exemption include:
- Clothing–an article of clothing can’t exceed $100;
- School supplies–up to $50 per purchase;
- Personal computers and peripheral devices-$3,500 or less;
- Computer software-$350 or less.
Click here for a complete list of qualified items.
For information visit the Missouri Department of Revenue website.
Related Topics: Back To School, Missouri Sales Tax Holiday, Sales tax holiday, back-to-school sales tax holiday, back-to-school shopping,
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