The popular sales tax holiday takes place this weekend, July 31-August 1; Families and students encouraged to take advantage of this annual tax free shopping opportunity
ATLANTA, GA – The Georgia Retail Association (GRA), the state’s premier trade association representing retailers for over 50 years, reminds Georgia residents that the annual back-to-school shopping season takes place this weekend, July 31-August 1. This annual tax free weekend allows Peach State families to save on vital supplies, clothes and technology to prepare their children for the upcoming year. The holiday means big savings for shoppers and big business for retailers, including increased staff for this weekend, which has become the second largest shopping weekend after Black Friday.
“We’re excited to have the annual back-to-school sales tax holiday, and are looking forward to seeing the more than 120,000 Georgia retailers full of families and students taking advantage of this opportunity to save money,” said GRA President/CEO Rick McAllister. “Georgia retailers are offering great deals on supplies for students to ensure they’re prepared for the school year.”
As part of the holiday, shoppers don’t have to pay sales tax on back-to-school items including clothing and shoes priced at $100 or less, computers and accessories $1,000 or less, and school supplies less than $20 per item. Families with school-age children spend an average $634.78 on apparel, shoes, supplies and electronics to get ready for the school year.
As part of a recent study from The Washington Economics Group, the back-to-school sales tax holiday has the potential to increase economic activity in Georgia by at least $475.8 million. The same study estimates the tax holiday generates an additional $182.2 million in wages.
ABOUT THE GEORGIA RETAIL ASSOCIATION
Since 1961, the Georgia Retail Association has been working on behalf of the retail community to unite and pursue the common goal of creating the best environment for retailing in Georgia. Retail supports 1 out of 4 jobs in the state and is directly and indirectly responsible for 18% of Georgia's gross domestic product.