Arkansas Unemployment Taxable Wage Base to Rise in 2021

By October 14, 2020News, Regional

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.

Kathy Wilson

Author Kathy Wilson

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