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Will Massachusetts Have a Sales Tax Holiday?

Steve Sheinkopf  |  July 12, 2018  |  3 Min. Read

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MA Tax-free Weekend is August 11-12
Yale will match the tax savings or choose a 10% credit for lighting, plumbing, or vacuum purchases.
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SPECIAL STORE HOURS AUGUST 8-12.
Valid on bosch, whirlpool, maytag, kitchenaid, samsung, speed queen, and lg. EXCLUSIONS APPLY. CALL or visit STORE FOR DETAILS.

Two months ago, Governor Charlie Baker signed the Grand Bargain simultaneously satisfying the many different parties of the State.

Labor received a $15 minimum wage and an enhanced paid Family and Medical Leave Act (FMLA). Business owners received the Tax Holiday as a permanent fixture in August beginning in 2019.

We were surprised by more recent developments. Today's article on Boston.com talks about the possibility of a Tax Holiday this year:

"BOSTON (AP) — Massachusetts shoppers are a step closer to enjoying their first sales tax holiday in three years.

The House on Tuesday approved an amendment to an economic development bill that would suspend the state’s 6.25 percent sales tax on the weekend of Aug. 11-12. It also needs approval from the Senate.

Legislation signed earlier this month by Republican Gov. Charlie Baker would require an annual sales tax holiday beginning in 2019 but left open the question of whether one would be held this summer.

The tax-free weekend is popular with shoppers and embraced by many retailers who say it helps fill stores during an otherwise slow summer period.

Critics contend it merely shifts sales from other times during the year while costing the state as much as $20 million in tax revenue."

In other words, the Senate can pass the Tax Holiday in the next two weeks. This event is always somewhat of a mystery for many consumers. The following are the rules for previous sales Tax Holidays:

  1. Tax Holiday is a suspension of Massachusetts State sales tax for all items under $2,500.
  2. You can buy as many items under $2,500 as you want.
  3. You have to pay in full for every item.
  4. Any items exchanged after the holiday will be taxed at the normal 6.25%.
  5. You do not need to schedule delivery at the time of purchase.

We will let you know if and when the Tax Holiday is approved, as well as any rule changes by updating this article.

There is a good chance you will be saving state sales tax August 11-12th this year.

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Steve Sheinkopf

My goal has always been simple: I want Yale to be the best retail experience anywhere. I have tried to create a compelling environment for customers and employees alike.

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