Business Personal Property Return

Filing Requirements


All businesses are required to file a personal property return form on or before April 30th or 120 days after the close of their business year. A 10% penalty is added for filing late. There are no provisions for extensions.

Value of Furniture, Fixtures, & Equipment


South Carolina Code of Regulations Chapter 117-1840.1 provides: The fair market value of merchants' furniture, fixtures and equipment shall be the depreciated value as shown by the merchants' records for income tax purposes, provided however, that in no event is the original cost of the property to be reduced by more than ninety percent of the original capitalized cost.


What Form to File


Businesses that have a retail license must file a form PT-100 to the Department of Revenue. This form is available on the Department of Revenue website. All other businesses must file a return with the York County Auditor's office, view the document, Business Personal Property Return (PDF).

Businesses that manufacture a finished good must file a PT300 to the Department of Revenue. This form is available on the Department of Revenue website.