Retailers in Florida are expected to boost staffing by 20 to 25 percent this weekend to accommodate the influx of shoppers looking for tax breaks during Florida’s annual sales tax holiday, according to the Florida Retail Federation. That’s good news for Florida’s economy because it means added work hours for retail employees during the industry’s second busiest shopping season.
“Florida’s families really enjoy the sales tax holiday, and retailers have embraced it with some great promotions this year. About one-third of everything sold at retail this weekend will be tax-free,” said Rick McAllister, president and CEO of the Florida Retail Federation. “We expect retailers see an average increase of about 37 percent in store traffic this weekend because of the sales tax holiday. Retail is Florida’s second largest industry, so that’s good for our economy as a whole, because it means more work hours and higher payrolls.”
From 12:01 a.m. on Friday, August 3, through 11:59 p.m. on Sunday, August 5, no sales tax or local option tax will be collected on sales of clothing, footwear, and certain accessories selling for $75 or less per item, or on certain school supplies selling for $15 or less per item.
“The members of the Florida House and Senate, and Governor Rick Scott have once again given Florida’s families a much-needed break on their taxes for back-to-school shopping. We hope state leaders will consider making the sales tax holiday a true annual tradition by enacting it permanently,” McAllister said.