South Carolina Announces 2023 Unemployment Insurance Tax Rates

South Carolina’s unemployment insurance tax rate to be cut for all employers in 2023 or stay the same, Nov. 7 press release From Governor Henry McMaster (R).

According to the State Department of Employment and Labor 2023, the tax rate for experienced employers will range from 0.06% to 5.46%. tax tableAs in 2022, no solvency surcharge will apply in 2023.

The new employer tax rate will be 0.45% in 2023 at the rate applicable to tax rate class 12 and…

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