Information to know regarding Watercraft Taxes

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Watercrafts include boats and outboard motors that are registered with the South Carolina Department of Natural Resources (SCDNR). State law provides that watercrafts be taxed at 10.5%. However, Beaufort County Ordinance 2008/39 allows for watercrafts to be taxed at 6%. Due to this county ordinance, even watercrafts used for business purposes are taxed at 6%.

 

The fair market value of watercrafts is based on information provided by nationally recognized sources approved by the South Carolina Department of Revenue (SCDOR), and these accounts are billed on an annual basis 12 months in advance based on the purchase date. For example, if you purchase a watercraft in March 2025, you will be billed from March 2025 to March 2026. You will not pay personal property taxes again until you receive your renewal watercraft bill in 2026, which will cover taxes from March 2026 to March 2027.

 

For a rough estimate on your watercraft taxes, please visit our "Tax Calculator" page.

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