Clovis Sales Tax Guide 2025 (New Mexico)

Navigating sales tax compliance and sales tax registration in Clovis, New Mexico, can be challenging for businesses of all sizes. Understanding the local regulations, New Mexico sales tax rates, and filing requirements is critical to staying compliant and avoiding penalties. At Kintsugi, we simplify sales tax compliance and offer seamless integrations for businesses, helping you focus on growth without the headache of managing complex tax rules. In this guide, we'll break down everything you need to know about sales tax in Clovis for 2025.

Clovis Sales Tax Rate (New Mexico)

As of January 1, 2025, Clovis, New Mexico, imposes a Gross Receipts Tax (GRT) of 7.94% on most goods and services. This rate comprises the state GRT of 4.88% and the city GRT of 3.06%. Historically, New Mexico replaced its traditional sales tax with the Gross Receipts Tax in 1966 to broaden the tax base.

Jurisdiction	Sales tax rate
State Tax	4.88%
County Tax	0.00%
City Tax	3.06%
Special Tax	0.00%
Combined Tax	7.94%

(Note: Sales tax rates are subject to change. Check the New Mexico Department of Revenue’s website for the latest updates.)

Clovis Sales Tax Calculator (New Mexico)

As a business owner in Clovis, New Mexico, understanding how to correctly calculate and apply the Gross Receipts Tax (GRT) and use tax is essential for compliance and accurate pricing. Unlike traditional sales tax, New Mexico applies GRT to businesses instead of consumers, but you can pass it on to your customers. Let’s go step by step to ensure you handle it correctly.

Step 1: Know the Gross Receipts Tax Rate in Clovis, NM

The current Gross Receipts Tax (GRT) rate in Clovis, NM, is 7.9375%.

This consists of:

• State GRT: 4.875%
• City & County GRT: 3.0625%

Since tax rates can change, always check the New Mexico Taxation & Revenue Department (TRD) website for updates.

Step 2: Determine If Your Sale is Taxable

New Mexico’s GRT, along with use tax, applies to both goods and many services, unlike traditional sales tax:

• Taxable Items: Retail goods (electronics, furniture, clothing, etc.), professional services (consulting, accounting, legal, repairs), and restaurant meals and beverages
• Exempt Items: Prescription medications, some groceries, and certain government and non-profit transactions.

If you’re unsure whether an item is taxable, check the New Mexico Gross Receipts Tax Guide.

Step 3: Calculate the Gross Receipts Tax on a Product or Service

If you own an electronics store in Clovis and sell a laptop for $1,200, here’s how to calculate the tax:

1. Multiply the item price by the GRT rate: 1,200 × 7.9375% = 95.25
2. Total Price to Charge the Customer: 1,200 + 95.25 = 1,295.25

Final Price: $1,295.25

Final Tips for Clovis, NM, Business Owners

• Use the correct GRT rate: 7.9375% applies to most taxable sales in Clovis.
• Confirm tax-exempt items: Some groceries, medical services, and non-profit transactions are not taxable.
• File taxes on time: New Mexico requires monthly, quarterly, or annual GRT filings based on your revenue.
• Use automation: POS systems like QuickBooks, Square, or Xero can help track and apply GRT correctly.

FAQ on Sales Tax in Clovis NM

What is the Sales Tax in Clovis NM?

Clovis does not have a traditional sales tax; instead, businesses must pay a Gross Receipts Tax (GRT) of 7.9375%, which can be passed on to customers.

Clovis Sales Tax Filing Steps