S.C. gas tax increase takes effect in 2018 - | WBTV Charlotte

S.C. gas tax increase takes effect in 2018

(Micah Smith | WBTV) (Micah Smith | WBTV)

South Carolina drivers are now paying more at the gas pump.

The state's gas tax increase kicked in New Year’s Day, increasing the gas tax from 16 cents per gallon to 18 cents per gallon.

State officials say revenue from the tax increase will go toward repairing roads and infrastructure throughout the state, but drivers will have the ability to get some of their tax dollars back.

According to the Department of Revenue, a new income tax credit will help offset the gas tax hike.

To claim the credit on personal income taxes, taxpayers have to save receipts from gas purchases starting on Jan. 1.

The gas tax rate will increase by two cents every year until 2022.

Copyright 2018 WBTV. All rights reserved.

Powered by Frankly