New Jersey announces Sales Tax Holiday

The State of New Jersey announced a Sales Tax Holiday for certain retail sales of computers, school supplies, and sport or recreational equipment when sold to an individual purchaser for non-business use. The Sales Tax Holiday takes place between August 27 through September 5, 2022.

During the holiday period, retail sales of the following products are exempt from sales and use tax if they are sold to an individual purchaser for non-business use during the exemption period:

• computers with a sales price of less than $3,000 per item
• school computer supplies with a sales price of less than $1,000 per item
• school supplies
• school art supplies
• school instructional materials
• sport or recreational equipment

Sellers should not charge sales tax on eligible items when purchased during the Sales Tax Holiday.

Source: State.nj.us