Illinois

Illinois’ sales tax holiday on back-to-school gear starts Friday

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Buyers in Illinois trying to refill on faculty provides, clothes and different back-to-school gear can look ahead to saving a bit on gross sales tax beginning Friday.

The state’s sales-tax vacation on sure school-related objects will run till Aug. 14, giving a break to these trying to get their youngsters prepared to go again into lecture rooms.

The vacation applies to all retailers in Illinois.

It would reduce the state’s portion of gross sales tax from 6.25% to 1.25% on certified objects. Different gross sales taxes, akin to these from a metropolis or county, nonetheless apply, relying on the place you’re purchasing. Non-qualifying objects will proceed to have the traditional gross sales tax.

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The state has offered a prolonged checklist of things that qualify for the lowered gross sales tax, together with clothes, footwear and commonplace faculty provides. The retail promoting worth on every merchandise should be lower than $125, and there are exceptions if, for instance, you’re trying to purchase sports activities gear or artwork provides like paintbrushes or watercolors.

Right here’s a full checklist of qualifying objects from the Illinois Division of Income:

Right here’s a have a look at what the state says won’t qualify for lowered gross sales tax:

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For extra info on the tax vacation, try the state’s announcement right here.





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