NC does NOT have a Tax Free Weekend anymore!
South Carolina’s Tax Free Weekend is scheduled August 7-9, 2015. It’s that time again to start thinking about what you will need for school. Each year we look forward to the weekend where we have relief from taxes…but be careful, it is not on everything. South Carolina is offering one tax free weekend event and it applies to clothing, shoes, and school supplies and is intended to coincide with parents’ annual back-to-school shopping efforts.
The tax-free savings applies to the following items:
and more items you may not think so research it first and it does not include items such as jewelry, furniture, cosmetics, eye-wear, wallets and watches.
Before you go out on tax free weekend, it is best to do your homework. Be careful not to overspend just because the tax free weekend is going on in your area. Some stores may hike their prices to make it look like a great deal.
Keep in mind that the regular sales tax rate in South Carolina is 6%, so that’s how much money you’d be saving – along with your local sales tax, if applicable. (In Myrtle Beach, it can be as high as 11%). Know the prices of the items you want to buy especially the big ticket items and make sure that even with the tax savings, you are getting a good deal. Also, compare prices at other stores and bring your coupons. By shopping around, and also using coupons, you might find that the items you’re looking for are less expensive either before the tax free weekend or after it takes place. So be smart and do your “homework” before spending any hard-earned money.