In a phone call today, sources from the Tennessee Department of Labor & Workforce Development indicated that unemployment tax rates for the one-year period from July 1, 2021 to June 30, 2022 will remain at Premium Table 6.
Tax rates in Tennessee have been at Premium Table 6 since July 1, 2015. This is the lowest table in the Department’s statutes.
Effective July 1, 2021, Tennessee’s experienced-employer unemployment tax rates will range from 0.01% to 10.00%. The new-employer tax rate will also remain unchanged at 2.70%.
Tennessee is one of four states that generally determines unemployment tax rates on a fiscal-year basis.
As always, we will continue to monitor this situation and provide updates as they become available. If there are any questions, please do not hesitate to contact us or visit our website for the latest news and updates.
