Florida Sales Tax Holidays

As the Atlantic Hurricane season approaches, the state of Florida begins one of the ‘tax holidays’ to help save money on items to prepare our homes.

Disaster preparedness sales tax holidays from June 1-14 and Aug. 24-Sept. 6

Items such as tarps, batteries, flashlights, portable power banks, generators, and pet supplies are included. The first one coincides with the beginning of the Atlantic hurricane season and the second precedes the Sept. 10 peak of storm season.

A variety of additional ‘tax holidays’ help to save with back to school shopping, tools, and recreation.

Back-to-school sales tax holiday from July 29-Aug. 11

School supplies, computers and clothing.

Tool-time sales tax holiday from Sept. 1-7

Power tools, hand tools, toolboxes, and other items.

“Freedom Month” sales tax holiday from July 1-31

Recreational and time-off pursuits such as pool floats, fishing supplies, outdoor equipment and admissions to museums, theaters state parks.

The sales tax holidays have various limits for different items, such as clothing priced at $100 or less, or computers priced at $1,500 or less during the back-to-school holiday, or manual can openers that cost $15 or less, or generators that cost $3,000 or less for the hurricane sales tax holidays.

A new ‘tax holiday‘ approved by the Legislature to help some families with insurance premiums

A one-year exemption on taxes on residential property and flood insurance premiums. Florida imposes a 1.75% tax on most Florida insurance premiums, according to a legislative staff analysis. The tax would be waived for 12-month policies with an effective date between Oct. 1, 2024, and Sept. 30, 2025. During the legislative session, the value of the insurance tax cut was estimated to average $60 per homeowner, and $75 for those with flood insurance.

For more information on Florida’s ‘Tax Holidays”  and the specifics about each holiday are online at floridarevenue.com/SalesTaxHolidays.

Jeanne Thomas, PA

Broker Associate ~ ERA Grizzard Real Estate