Downtown Knoxville businesses say this extra bit of cash comes at a good time as they continue recovering from the COVID-19 pandemic.
KNOXVILLE, Tenn. — The tax-free weekend kicked off Friday! It’s a great time to shop for clothing, school supplies and other necessities since they won’t be taxed. This year, people’s grocery bills will also be smaller.
Clothing and school supplies under $100 will not be taxed. Computers, laptops and tablets below $1,500 also qualify for the tax exemption this year. Food and ingredients are also tax-free, whether they’re from a grocery store or a restaurant.
Since more businesses get to participate in this year’s tax-free weekend, Downtown Coordinator Rick Emmett said it should have some economic impact on Knoxville.