The Arkansas Department of Workforce Services announced today that the unemployment taxable wage base is set to rise to $10,000 in 2021, up from $7,000 in 2020.
Unemployment tax rates for experienced employers are to range from 0.30% to 6.20% in 2021, and the maximum tax rate for negative-rated employers assessed an additional contribution is to be 14.20%. These rates include a solvency surtax of 0.20% and are unchanged from 2020.
The tax rate for new employers in 2021 is to be 3.10%, unchanged from 2020.
As always, if there are any questions please do not hesitate to contact us or visit our website at www.thomas-and-company.com.
