The Florida Department of Revenue announced that unemployment tax rates are set to increase for 2021.
Effective January 1, 2021, unemployment tax rates are to range from 0.29% to 5.40%. Unemployment tax rates for 2020 ranged from 0.10% to 5.40%.
The tax rate for new employers is to be 2.70% in 2021, unchanged from 2020.
Florida’s unemployment taxable wage base is to be $7,000 in 2021, 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.