South Carolina Unemployment Tax Rates Hold Steady for 2021

By November 13, 2020News, Regional

The South Carolina Employment Security Commission announced that unemployment tax rates are not to change for 2021.

Effective January 1, 2021, total tax rates for experience-rated employers not assigned the maximum tax rate are to range from 0.06% to 2.091%. The rates include base rates ranging from 0.00% to 2.031% and an administrative assessment of 0.06%.

The maximum tax rate for experience-rated employers is set at 5.46% for 2021.

The unemployment tax rate for new employers is the rate for experienced employers assigned to Rate Class 12, which is to be 0.55%. The rate includes a base rate of 0.49% and an administrative assessment of 0.06%.

South Carolina’s unemployment-taxable wage base is to remain at $14,000 in 2021, unchanged from 2020.

As always, if there are any questions please do not hesitate to contact us or visit our website at www.thomas-and-company.com.

Kathy Wilson

Author Kathy Wilson

More posts by Kathy Wilson