The second-most populous county in South Carolina is Richland County, which is situated in the state. The sales tax is one of the most significant sources of income for the county. This article will discuss the Richland County sales tax and offer some pertinent clarifications.
The majority of products and services sold in the county are subject to a 1% Richland County sales tax. The South Carolina Department of Revenue is responsible for collecting the tax, and the money it brings in helps pay for a number of local programs and services.
South Carolina’s sales tax will be 6% in 2020. This includes both a 4% state sales tax and a 2% local sales tax. There is an additional local option sales tax in some counties, though. One of these counties is Richland County, which levies a 1% local choice sales tax.
Food is subject to a sales tax in South Carolina. The tax rate is nevertheless lower than that of other commodities and services. In South Carolina, the tax rate on food is 3% whereas it is 6% for other products and services.
Richland County’s main city, Columbia, has a sales tax that is identical to the county’s rate. As a result, Columbia’s food tax is 3%.
In Richland County, you must pay a yearly property tax on any vehicles you possess. The Richland County Auditor’s Office receives payment of the tax, which is calculated based on the car’s worth. 2020 Hampton St., Columbia, SC 29204 is where the office is situated.
To sum up, Richland County’s sales tax is a significant source of income for the county. The majority of goods and services sold in the county are subject to a 1% tax. Car taxes are paid to the Richland County Auditor’s Office, and the county’s food tax rate is 3%.
Pension income for those 65 years of age or above is not taxed in South Carolina. However, for anyone under the age of 65, pension income is subject to South Carolina state income tax.