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The discretionary sales surtax rate depends on the county, where rates currently range from . 5% to 1.5%; however, there are some counties that do not impose surtax.
Directive Statement. Discretionary sales surtax, also called a county tax, is imposed by most Florida counties and applies to most transactions subject to sales tax. The University of Florida and its departments must collect the surtax in addition to Floridas general sales tax of 6.0%.
Be sure to calculate it correctly. The collection allowance is 2.5% (.025) of the first $1,200 of tax due, not to exceed $30 for each reporting location. If you have less than $1,200 in tax due, your collection allowance will be less than $30.
A surtax is an additional tax levied on top of an already existing business or individual tax and can have a flat or progressive rate structure.
Florida Tax Rates, Collections, and Burdens Florida has a 6.00 percent state sales tax rate, a max local sales tax rate of 2.00 percent, and an average combined state and local sales tax rate of 7.01 percent. Floridas tax system ranks 4th overall on our 2022 State Business Tax Climate Index.
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Income Surtax and Utilization as a Local Government Funding Source. Income surtax is an additional tax applied to the amount of State individual income tax less the amount of any nonrefundable tax credits.
Discretionary sales surtax applies to transactions when: The selling dealer delivers taxable goods or taxable services in or into a county with a surtax. The event for which an admission is charged is located in a county with a surtax. (Surtax is due at the rate in the county where the event takes place.)
NOTE: TAX COLLECTION ALLOWNANCE CANNOT EXCEED $30.00. To figure the amount of Total Discretionary Sales Surtax to report, do the. following: Multiply the total Gross Sales Amount by 1.5%. Example: $1,161.53 X .015 = $17.42.
Facilities that are registered as 501(c)(3) nonprofit, educational or charitable entities are free to purchase materials, supplies and most services without paying Florida sales tax.
Florida is the only state in the country that imposes sales and use tax on real property rentals, even if the rental is between related parties.Florida Sales Tax Exemptions: Prescriptions drugs. Groceries (unprepared food) Common household remedies. Long term residential real property leases. Seeds and fertilizers.

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