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Tax holiday

first_imgMake a list and shop salesOnce you’ve narrowed down the supply list to the items you trulyneed to buy, stick to your list.”This may sound easy, but it’s not when your kids see all thelatest school items on display,” he said. “My advice is to leaveyour children at home when you go supply shopping so they won’t begyou to buy everything in sight.”Rupured recommends comparing prices before making final purchases.But he doesn’t suggest trying to save as much money as possible onschool supplies. “Being a smart shopper doesn’t always mean buyingthe least expensive items,” he said. “Sometimes cheaper isn’tbetter.”When it comes to buying a new book bag, Rupured says to wait untila week or so after school starts. “If you can convince your childto wait, virtually every book bag goes on sale,” he said. “You canfind many for one-fourth their original cost.”Many high quality book bags are guaranteed, so make sure you fileaway receipts and related paperwork for the future, Rupured said.Above all, teaching your children to take care of their schoolsupplies is one of the best money-saving moves you can make.”Getting them into this habit will save you a lot of moneythroughout the years,” he said. Clothing allowances give kids controlIf your child has specific preferences for shoes and clothingitems, Rupured recommends giving him a clothing allowance.”Kids tend to be much more thrifty with their own money than withtheir parents’ money,” he said. “It’s a valuable learningexperience for them, too, as they quickly figure out it’s better toget two or three less expensive items than one brand-name item.”General school supplies with a sales price of $20 or less per itemare also tax exempt during the holiday. If you don’t have theschool’s official supply list, Rupured recommends just buyingstandard items like pencils, paper and glue.To save money on supplies, Rupured also suggests taking aninventory of the supplies your children have left over from lastyear. “If the crayons aren’t broken and the binder is still in goodshape, you don’t have to buy new ones,” he said. By Sharon OmahenUniversity of GeorgiaGeorgia parents should plan now for an upcoming holiday that’sdesigned to help them save money. Known as the sales tax holiday,the tax-free purchase days are set to begin this year at 12:01 a.m.on Aug. 3 and end at midnight Aug. 6.Save on computers, supplies, clothes”Georgia’s tax-free holiday is a time when parents can easily save6 to 7 percent on major purchases, like home computers,” saidMichael Rupured, a financial expert with the University of GeorgiaCooperative Extension. “The savings can really add up and make abig difference to family budgets. It’s also the biggest shoppingweekend outside the Christmas season.”A single $1,500 or less purchase of a personal computer and/orrelated items is exempt. Modems, printers, speakers andnonrecreational software are also tax exempt during the holidayperiod.The exemption also applies to articles of clothing and footwearwith a sales price of $100 or less per item. Clothing accessories,like handbags and jewelry, are not exempt.”Clothing is one of the largest expenses related to back-to-schoolshopping,” Rupured said. “New tennis shoes for school are as mucha tradition in America as cake on your birthday.”last_img read more

Duguid is new president of GCUSA

first_imgGUYANA and International umpire Nigel Duguid was named president of the GeorgetownNigel DuguidNigel DuguidCricket Umpires and Scorers Association (GCUSA) when the body held its annual general meeting (AGM) for office-bearers for the 2016-17 period.The AGM was held last week, at the Local Government Union building on Woolford Avenue.Moses Ramnarine will serve as vice-president, while Mikowanayah Yosef Yisrael was elected as secretary.Javed Persaud is the treasurer, while Ryan Banwarie will fill the position of assistant secretary/treasurer. The Public Relations Officer is Ravishwar Latif, with Deon Feassal, Andre Hurry and Mark Scott elected committee members.last_img

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