Wednesday, March 23, 2011

NC Tax Free Weekend 2008

The NC tax-free weekend 2008 has arrived. Residents of North Carolina can enjoy their tax-free weekend on Friday, August 1, 2008, though Sunday, August 3, 2008. Here are the details about how mNC Tax Free Weekend 2008Date: August 1, 2009uch you can save. Back to school clothing and computers can be purchased tax-free, while other items are not tax-exempt. The allowed purchases and tax-free exemptions for the NC tax-free weekend are detailed here.
Dates of the NC Tax Free Weekend 2008
The NC tax-free weekend begins on Friday, August 1, 2008 and runs through Sunday, August 3, 2008 at 11:59 p.m. according to the North Carolina Department of Revenue.
Tax Savings During the NC Tax Free Weekend 2008
North Carolina residents can save money on back to school supplies for preschool children, middle schoolers, high schoolers and college students. This is the weekend to buy clothing and school supplies without having to pay the North Carolina tax.
The NC tax -free weekend 2008 gives consumers a break from the six percent (Georgetown County), 6.75 percent (Brunswick County) sales tax and the seven percent sales tax (Horry County) in North Carolina.
NC Tax Free Weekend and Back to School Supplies
Any back to school clothes that cost less than $100 per item are eligible for the tax-free break. This also applies to shoes, footwear and school supplies, according to the North Carolina Department of Revenue.
School instructional materials which cost less than $300 can also be purchased tax-free.
For back to school athletes, any piece of sports equipment costing $50 or less can be purchased tax-free. The tax-free list includes bike helmets,baseball helmets or skating helmets which cost $50 or less. Also included are ballet shoes, shin guards and shoulder pads, as long as each item costs $50 or less.
Even computers for back to school studying and research can be purchased without paying NC tax. as long as the computer costs $3,500 or less. Computer supplies costing $250 or less are also tax-exempt during the NC tax-free weekend.
What the NC Tax Free Weekend Does Not Cover
You may need or want these items, but you will still be paying tax on them. North Carolina residents will still be paying tax on cosmetics, jewlery, furniture, clothing accessories including wallets, rentals, and items used for business, according to the NorthNC Tax Free Weekend 2008Date: August 1, 2009 Carolina Department of Revenue.
Shopping Tips for the NC Tax Free Weekend 2008
Buy Only What You Need - Tax-free does not mean free. Do not overspend this weekend. Buy only what you need for back to school and enjoy the six to seven percent savings.
Buy A Computer - If you are in the market for a back to school computer in North Carolina, this is the weekend to buy one. The cap is set at $3,500 which leaves consumers plenty of options for buying a fast and powerful new computer, including a new iMac.
Skip the Exempted Items - If you have limited spending money this month, spend the money on tax-free items this weekend if you need them. Skip the exempt items, which you can buy at any time for the same price.
Use Store Coupons - Use store coupons to save even more money. Some stores also accept competitor's coupons, don't be shy about asking if they offer this service.
Be Patient - The NC Tax-Free Weekend will be busy for other consumers and retailers. Be patient when waiting in line, or go early and avoid the crowds.
Sources
State of North Carolina Department of Revenue, Tax Free Holiday, http://www.dor.state.nc.us/taxes/sales/salestax_holiday.htmlhttp://www.associatedcontent.com/article/805803/currentcodescom_and_10_more_coupon.htmlhttp://www.associatedcontent.com/article/713855/bradsdealscom_and_more_coupon_outlets.html

NC Tax Free Weekend 2008

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