Florida

Florida

Standard rate:

6%

Reduced rate:

4 – 5.5%

Sales tax-free products and services:

If you transfer custom or electronic software, you do not need to pay sales tax.

New machinery and equipment are not taxed in Florida.

Who must register sales tax:

If you are selling in Florida, have nexus in Florida and your buyers required to pay sales tax, you must register to collect and pay sales tax in Florida.

Threshold:

Online Marketplaces:

Registration procedure:

You can register online through the Florida Department of Revenue

The information required for registration is determined depending on the type of business.

Sales tax payment and filing date:

Based on your tax liability, determine your filing frequency – either monthly, quarterly, semiannual or annual: 

Annual – $100 or less
Semiannual – $101 – $500
Quarterly – $501 – $1,000
Monthly – More than $1,000

Returns and payments are due the from 1st to 20 day of the month following each reporting period. If the 20th falls on a day off or state or federal holiday, returns are, timely if filed online, postmarked or hand-delivered on the first workday following the 20th.

Penalty and interest: 

Late Filing Penalty- 10% of any unpaid tax if failure is up to 30 days, and an additional 10% of any unpaid tax for each additional 30 days, or fraction thereof, not to exceed 50%

Discounts:

If you file online (e-file) your return and electronically pay (e-pay) tax in time, you are entitled to receive a collection allowance. The collection allowance is 2.5 percent (0.025 of the first $1,200 of the Amount Due (Line 10), not more than $30.