Mississippi tax free week is an important event especially to shoppers who are looking to purchase certain products without the expensive price tags, particularly back – to – school supplies. So many consumers will have the opportunity to purchase their choice products without paying any sales tax thus saving a lot of money. However, to plan towards the tax free day, you need to know when it starts, ends and the type of products you can purchase to save cost.
When does Mississippi tax free week Start?
Mississippi’s tax free week in 2024 starts early by 12:01a.m. on the 12th of July to accommodate the back-to-school shopping season.
According to a statement by the State Senator, Walter Michel (R) in April, “Schools are starting school earlier. Not only that, some are going to that modified calendar so we want to be ahead of the game”.
When is Mississippi tax free week ending?
The Mississippi tax free week ends midnight July 14th 2024. This period allows shoppers, especially those who want to go back to school to save on sales tax during this time. This provides families with financial relief as they prepare for the next academic term.
During this period, the state will remove sales tax on different products allowing individuals and families to shop and save on products.
What products are eligible for tax-free Purchase?
Mississippi’s tax free week covers a wide range of products. However, the focus of the tax free week is on items commonly needed for school and personal use. Here’s a breakdown of the different categories and specific items that you can purchase during the tax free week:
1. Clothing and footwear
The Mississippi tax free week allows you to save on clothing and footwear. This includes:
- Clothing: Items like shirts, pants, dresses, and jackets are up for sale with zero dollars in sales tax and there is no limit on the price of the clothing item, so whether it’s a budget-friendly t-shirt or a more expensive coat, you can shop without worrying about the sales tax.
- Footwear: Shoes, boots, and sandals are also up for sale during the tax free week As with clothing, there is no cap on the price for tax-free footwear, so you can shop to your heart’s content while saving on all products bought.
2. School supplies
Back-to-school shopping is the primary focus during the tax free week, as such, different kinds of school supplies are included in tax exemptions allowing students to save money on all purchases.
- Basic supplies: Items like pencils, notebooks, paper, and crayons will be on the shelf at reduced prices. These are essential items for students of all ages, from elementary to high school.
- Bags and backpacks: You can get bags or backpacks without paying sales tax as well.
3. Computers and electronic devices
Another important item you can buy while saving money on sales tax is electronic devices which are needed for both personal and education purposes.
Computers: You can buy desktop computers, laptops, and tablets tax-free, provided you intend to use it for personal or educational purposes.
- Software: Software required for educational purposes can also be gotten during this period without spending an extra cash on tax.
Items not included in the Mississippi tax free week
There are some items you can save on during the Mississippi tax free week, that means if you purchase these items you will be charge the usual sales tax:
- Luxury items: If you decide to buy high-end clothing, accessories, and luxury items during this period, you will pay for taxes.
- Certain products: Items like jewelry, cosmetics, and furniture are not covered as well.
How to make the most of tax free week
To fully benefit from the Mississippi tax free week here are a few things you can do:
- Plan ahead: Make a list of the items you will need to purchase and check to make sure you would not be spending extra on taxes.
- Keep receipts: The zero dollar charges should automatically be applied at the register but it is better to keep your receipt in event of any discrepancies in your charges.
- Shop early: To avoid the last-minute rush and to ensure you get the best products available, try to shop early, preferable on the first tax free day.
