The Pennsylvania Department of Labor & Industry announced today that unemployment tax rates for 2021 will remain unchanged.
Effective January 1, 2021, total tax rates for experienced employers are to range from 1.2905% to 9.9333% and are to include a 0.75% state adjustment factor, a 5.40% solvency surcharge, and a 0.50% additional contributions tax.
The Interest Rate Factor will not be in effect for 2021.
For 2021, unchanged from 2020, the total tax rate for new non-construction employers is to be 3.689% and the total tax rate for new construction employers is to be 10.2238%. The rates include a 5.40% solvency surcharge.
Employees are to be assessed an unemployment tax rate of 0.06%, unchanged from 2020, with the tax deductible from wages.
Pennsylvania’s unemployment taxable wage base, which is to be $10,000 for 2021, does not apply with regard to unemployment tax assessed on employees.
As always, if there are any questions please do not hesitate to contact us or visit our website at www.thomas-and-company.com.