Virginia Sales Tax Holiday Announced
Posted: May 24, 2011 at 1:00 am, Last Updated: May 23, 2011 at 6:56 pm
It seems like a major storm, flood or tornado occurs just about every week. And now hurricane season is almost upon us. To help Virginians prepare for these events, Gov. Bob McDonnell has announced that the commonwealth’s annual Hurricane Preparedness Sales Tax Holiday will take place May 25-31.
During the sales tax holiday, items such as batteries, flashlights, bottled water and first-aid kits, as well as certain bigger-ticket items like generators priced at $1,000 or less, will be exempt from the 5 percent state and local sales tax.
During this seven-day period, retailers may also choose to pay the sales tax themselves on any nonexempt items and pass the 5 percent savings onto their customers.
For a full list of eligible products, answers to frequently asked questions and guidelines for consumers, go to www.tax.virginia.gov and click on the “Sales Tax Holiday” logo at the top of the page.
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