Tax-free weekend for back-to-school shoppers starts Friday
FARMINGTON — Shoppers can save money this weekend on back-to-school purchases during the state's annual tax holiday.
The Gross Receipts Tax Holiday is scheduled to start at 12:01 a.m. Friday and run through midnight on Sunday.
Ben Cloutier, spokesman for the state Taxation and Revenue Department, said the holiday helps families and businesses alike.
"The annual tax-free weekend helps families save money and prepare their children with the essentials for the school year," Cloutier said. "Families save money and get their kids ready for school while New Mexico's businesses get a boost in sales."
In New Mexico, the tax-exempt sale offers greater savings for bigger ticket items.
Shoppers can save on clothing up to $100, computers up to $1,000 and computer accessories up to $500.
School supplies are only tax-exempt up to $30.
For a detailed list of items included in the holiday, go to the state Taxation and Revenue Department's website, tax.newmexico.gov.