No, the valence electrons in Sulphur is 6. Thus, we calculate formal charge as follows:
Formal Charge = Number of valence electrons - Number of non bonding electrons - (1/2) Number of bonding electrons
For S:
Formal Charge = 6-0-(12/2) = 6-6 = 0
For O:
Formal Charge = 6-2-(4/2) = 2
Thus Formal charge = -2.