Sold Home Values Have Gone Up 11% - 29% in the last year!!
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MARTIN GROUP OF REALTORS®
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September 2 – 8, 2023
by Martin Group
This is Florida’s second year for the tool time tax holiday which begins Labor Day weekend, September 2nd. This means shoppers won’t pay sales tax on most of the things found on a skilled worker’s list of tools and equipment. Tool Sales Time Tax Holiday ends September 8th, 2023.
This latest tax free holiday will allow shoppers to avoid paying sales taxes on numerous home repair and construction items for power tools and work equipment. This will allow shoppers to save tax dollars on textbooks for those studying to be plumbers, engineers, and more.
Florida families are expected to save about $12.4 million between September 2nd through the 8th of this year, according to the release from the governor’s office.
During the sales tax holiday period, tax is not due on the sale of:
This sales tax holiday does not apply to:
For more info on this Tool Time Tax Holiday, go to the Tax Information Publication
The next tax holiday to start in Florida will run from October 1-31, 2023 and will give residents $0.25 off per gallon of gas at the pump.3
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