Gross sales tax vacation for emergency provides, April 24-26
Texas Comptroller Glenn Hegar needs to remind Texans that the state gross sales tax exemption for emergency preparedness provides begins Saturday April 24 and ends Monday April 26.
“Whereas we will not know when the subsequent flood, twister or hurricane would possibly strike, we are able to be sure that our households, properties and companies have the provides they should take care of these and different emergencies. Hegar stated in a press launch. “This tax vacation may also help Texans get monetary savings whereas stocking up for emergencies.”
It’s estimated that $ 1.8 million will likely be saved in native and state gross sales taxes through the tax vacation.
Purchases eligible for the exemption embody:
- Family batteries, gas cans and flashlights beneath $ 75
- Hurricane shutters and emergency ladders beneath $ 300
- Transportable mills beneath $ 3,000
On-line procuring is barely totally different. Supply, delivery, dealing with and transportation prices are all included within the sale value. If the acquisition is taxable, the supply cost can also be taxable.
“For instance, in the event you purchase a rescue ladder for $ 299 with a supply cost of $ 10, the overall sale value is $ 309,” the press launch states. “For the reason that scale’s whole promoting value is bigger than $ 300, tax is due on the promoting value of $ 309.”
Purchases that don’t qualify for the exemption embody:
- Batteries for vehicles, boats or different motor autos
- Stoves and tenting provides
- Extension ladders and stepladders
For extra data on emergency preparedness provides that may be bought responsibility free, go to comptroller.texas.gov.
From employees stories • [email protected]