Tax free holiday great for businesses and families
ALBANY, GA (WALB) - Georgia's sales tax holidays will return this year. Today, Governor Nathan Deal signed a bill that sets 2 days for tax-free shopping on back to school items and three days for energy-efficient appliances.
Lauren Bailey has been in the retail business for almost three years. She owns the Marketplace and recently opened Relics to Riches at 2815 Old Dawson Road. She knows the impact the back to school sales tax holiday has on a business.
"The revenue probably at least quadruples, we have lots of foot traffic and almost everyone buys something," said Lauren Bailey.
The mother of four says back to school shopping can be expensive, and the tax break saves money for families.
"My personal experience with four children, I spend lots more during the sales tax weekend because I can save extra money," said Bailey.
The legislation also calls for a tax free weekend on energy efficient appliances. Jenna Roberts is a Senior at Lee County High School and also works in retail and says the tax breaks will greatly help families.
"Well coming from a family of three kids, we would normally wait till this time to buy all of our school things so it'll definitely help bigger families or larger families," said Jenna Roberts.
Bailey looks forward to seeing how the tax holiday will impact her new store this summer.
"I think we can definitely offer during the sales tax weekend. We can offer a lot to the consumer, the parent and even people who are buying for children," said Bailey.
The back to school sales tax holiday will take place August 1st and August 2nd. Tax free shopping for energy efficient appliances will run from October 3rd through the 5th.
Copyright 2014 WALB. All rights reserved.