Plan To Save This Summer During Florida's Tax-Free Holidays

July 1, 2021


Most are familiar with many of the perks of living in Florida –from ideal weather to low cost of living, diversity, no state income tax, and more. And while it is also one of a handful of states to offer an annual state tax-free weekend, Florida has revamped and expanded its tax-free holidays in 2021 to not be outshone. This is the Sunshine State, after all.

Geared toward post-pandemic, economy-stimulating buying, Florida will offer a new tax-free holiday called Freedom Week this summer, during which you’ll save Florida’s 6% state sales tax plus local tax on eligible purchases.

From July 1-7, purchases of tickets to 2021 concerts, sporting and cultural events, movies, museums, state park annual passes, fitness facilities, and more will be tax-free. The Freedom Week Sales Tax Holiday also applies to sales of many boating, water activity, camping, fishing, and general outdoor supplies, plus sports equipment.

For a complete list of eligible purchases and restrictions, read the holiday announcement from the Florida Senate.
Just a few weeks later, beginning July 31, Florida will offer its annual tax-free holiday geared at purchases related to back-to-school.  This year, it will extend beyond the usual three-day event, running through Aug. 9 and providing 10 days to save. Taxes will be waived on some clothing and apparel, many school supplies and the first $1,000 for personal computers and related accessories.

Exceptions and spending thresholds apply, so be sure to read the complete list of Florida’s exempt and taxable items before buying.

So, if you are gearing up to make purchases that are tax-free eligible, be sure to mark your calendars and use your First Home Bank debit card! If you are planning to splurge and would like to talk to an expert at First Home Bank about financing options, visit our website or talk to a banking center manager to learn more today!
 
Routing Number: 063114551

Equal Housing Lender Better Business Bureau Accredited Business Member FDIC

© 2021 First Home Bank, Member FDIC, Equal Housing Lender
NMLS ID 806183 | NMLS Consumer Access

To help the government fight the funding of terrorism and money laundering activities, Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account.

What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

You are now leaving the First Home Bank website. By clicking the 'OK' button below, you will enter a different website created, operated and maintained by a private business or organization. First Home Bank is not responsible for the content, views, or privacy policies of this website. We take no responsibility for any products or services offered by this website, nor do we endorse or sponsor the information it contains. In addition, websites may change location, ownership and address frequently. First Home Bank is not responsible for the accessibility of this link. Would you like to continue?