As Massachusetts’ annual Sales Tax Holiday approaches, Better Business Bureau of Central New England is encouraging consumers to take advantage of the weekend sale beginning Saturday, August 10 until Sunday, August 11.
“Tax-Free Weekend is a great opportunity for consumers to save on big ticket purchases,” said Nancy B. Cahalen, president and CEO of the Better Business Bureau of Central New England. “Remember to shop wisely. Take advantage savings but sure you understand any terms of a sale.”
In Massachusetts, the 6.25% sales tax will be waived from most items valued at $2,500 and less. This tax-free weekend will give a boost to local businesses during what is usually a slow time for sales and shoppers are getting tax savings on top of already discounted items.
To take advantage of the Tax Free Holiday, BBB offers the following tips:
Set a Budget. Shopping budgets should be planned in advance. By setting a budget, consumers can narrow down necessary purchases and ensure that costly impulse purchases are avoided.
Shop with a List. Create a shopping list and stick to it. Shopping with a list will help consumers stick to their budget and guarantee that nothing is forgotten.
Check for Refund Policies. Some stores will give extra incentives and discounts to bring in business during the Sales Tax Holiday. Make sure refunds or exchanges will be offered for special discounted items if there is a problem. Be positive you are familiar with each store’s guidelines before making a large purchase.