Tips for sales tax holiday weekend - MyFoxAustin.com | KTBC Fox 7 | News, Weather, Sports

Tips for sales tax holiday weekend

Posted: Updated:

School starts in less than three weeks and this weekend is your chance to save on school supplies.

FOX 7's Scarlett Greyson tells us what we need to know for this tax free weekend

Shane Sullivan from Valhaven Wealth says, "I can't tell you how sad I am for those people that bought last weekend.”

That's because this weekend only there's no sales tax in Texas for back-to-school items and tons of discounts for shoppers.

Sullivan says, “Sales tax is eight and a quarter. So I'm saying for … the same shirt, the same shoes, the same calculator, anything a hundred dollars or less you can save anywhere from twenty to thirty percent off for the first day of school"

But when it comes to any big shopping day of the year there are tips to keep in mind to keep you from over spending.

Sullivan recommends that you should get organized, come up with a list of items that you need. Sullivan adds, “Then create a budget. Make sure you don't buy anything that's not on the list and don't spend any more than is on the budget.”

The sales tax break only applies to back-to-school items so try not to drift off into the jewelry or home goods section of the mall. But that doesn't mean you can't look for extra deals ahead of time.

Sullivan says, “Make sure you do your homework. Go online, get coupons. Nobody should be paying full price.“

And check for deals once you get inside the mall too. Barton Creek will be giving out free goodies including store coupons.

Tim Hill, Barton Creek Mall Manager, says, “We're giving out two hundred and fifty or so to the first shoppers while supplies last and they can get additional discounts within those swag bags.”

And if you're skeptical about how much you're actually saving by shopping with the crowds, Sullivan says it's worth the hassle

“When I grew up we'd go with my mom or dad and we would get all of our shopping done at once. For some reason this year a lot of parents have tried to spread it out over two or three weeks," Sullivan says.

"Trying to get a little done and avoid the crowds, studies show they are actually spending more money by doing it that way. First they are in the store too many times and two they are avoiding the sales tax weekend and some great sales,” Sullivan says.

Most stores, if not all, are taking part in the tax free weekend.

Just be sure to check the Texas Comptroller's website here for a list of which items qualify.

 

Powered by WorldNow

KTBC FOX 7
119 East 10th Street
Austin, TX 78701

Phone: (512) 476-7777
Fax: (512) 495-7001

Didn't find what you were looking for?
All content © Copyright 2000 - 2014 Fox Television Stations, Inc. and Worldnow. All Rights Reserved.
Privacy Policy | New Terms of Service What's new | Ad Choices