Florida Unemployment Tax Rates Set to Rise in 2021

By December 8, 2020News, Regional

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.

Josh Kendall

Author Josh Kendall

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