Florida Tool Tax Exemption Begins Saturday

TALLAHASSEE, Fla. (WCTV) – Florida’s “Tool Time” vacation kicks off Saturday in time to take advantage of savings for projects around the home.

The sales tax exemption approved as part of a $1.2 billion tax relief package signed earlier this year by Governor Ron DeSantis, several home improvement tools and supplies like work boots , power tools and tool boxes will be tax exempt for one week starting Saturday, September 9. From September 3 to Friday September 9.

The Florida Department of Revenue lists items eligible for sales tax exemption in this document:

  • Power tools sold for $300 or less
  • Power tool batteries sold for $150 or less
  • Shop lamps sold for $100 or less
  • Hand tools sold for $50 or less
  • Work gloves sold for $25 or less

These items will waive 6% Florida sales tax. ACE hardware manager Gavin Koch said he expects sporadic but opportunistic sales for those in the market for certain items.

“Some of them don’t do the ace rewards that we have here in stores, so the tax-exempt holidays you’ll see quite a few customers come in and take advantage of that,” Koch said.

Michael Stafford came to ACE for hooks and a new pair of work gloves for yard work that, if priced at $25 or less, falls on the tax-exempt list.

“I’m definitely going to enjoy it, but I can imagine for a homeowner with a serious project like a deck or something, it can really be a real help,” Stafford said.

For plumbers or those in the plumbing needs market: drain openers, handheld cutters, plumbing inspection equipment, and power tool batteries selling for $150 or less per item are eligible.

If someone buys an item that costs more than the limit, sales tax must be paid on the full price of the item, the ministry document reads. There is no limit to the number of qualifying items that can be purchased tax-free.

The tax holiday does not apply to rentals or sales at an amusement park, entertainment complex, public accommodation or airport.

Copyright 2022 WCTV. All rights reserved.

About Catherine Sturm

Check Also

The 5 “Best” Hardware Wallets (November 2022)

Hardware wallets are physical devices that store your private keys and allow you to sign …