The food sales tax in Myrtle Beach is 9%. This covers food items purchased from grocery stores as well as any cooked meals purchased from eateries or fast-food businesses. There are a few exceptions to this rule, though. Food, for instance, is exempt from sales tax when purchased with food stamps or other government assistance programs. Additionally, some South Carolina counties, including Horry County, where Myrtle Beach is situated, have a lower sales tax rate for food.
The sales tax rate for food purchases in North Myrtle Beach, a city close by to Myrtle Beach, is also 9%. All prepared foods and grocery goods fall under this category. Food purchased with government aid programs is exempt from sales tax, just as Myrtle Beach.
The standard sales tax rate in South Carolina is 6% when it comes to groceries. As was previously indicated, some counties could have various rates. The rate of sales tax on groceries in Horry County, where Myrtle Beach is situated, is 3%. In comparison to other regions of the state, Myrtle Beach homeowners and visitors should anticipate paying a lower sales tax rate for their grocery purchases.
South Carolina levies a 6% sales tax on alcoholic beverages. All alcoholic beverages, including beer, wine, and spirits, fall under this. County governments may, however, impose additional taxes on alcohol sales. For instance, alcohol is subject to an additional 3% sales tax in Horry County, bringing the overall sales tax on alcoholic beverages to 9%.
And last, South Carolina levies a 6% sales tax on furniture. All purchases of furniture, including couches, chairs, and tables, are subject to this. The sale of furniture may be subject to additional taxes in some counties, though. It’s crucial to keep in mind that use tax, rather than sales tax, may apply if you buy furniture online or from an out-of-state merchant.
In conclusion, Myrtle Beach, South Carolina levies a 9% sales tax on food. This price is also valid in North Myrtle Beach, a nearby city. Due to Horry County’s lower rate, Myrtle Beach has a 3% sales tax on groceries. The state’s 6% alcohol sales tax may be higher in some counties, such as Horry County. And last, South Carolina levies a 6% sales tax on furniture.
It is not stated in the article “Sales Tax on Food in Myrtle Beach, South Carolina” how much South Carolina taxes your pension. Pension income is, however, subject to state income tax, although is partially deductible for taxpayers over 65, according to the South Carolina Department of Revenue. Based on different income levels, the deduction amount fluctuates.