SUI wage base increased for calendar years 2018–2019, As the result of 2016 legislation (SB 235), the SUI taxable wage base increased from $9,000 to $9,500 for calendar years 2018–2019.
The employee pays for disability insurance through withholding, meaning the employer deducts the payment from his or her wages. Tax News Update Email this document Print this document, Pennsylvania 2020 SUI tax rates to decrease, taxable wage base unchanged; quarterly electronic reporting format to change effective January 1, 2020. The new employer rates will remain at 3.6890% for non-construction employers and 10.2238% for construction employers.
The minimum and maximum tax rates, effective January 1, 2020, are as follows (based on …
You may appeal your tax rate within 20 days from the date printed on the Reemployment Tax Rate Notice (Form RT-20). Employers also receive SUI tax rates through the Department's electronic reporting system.
(EY Payroll Newsflash Vol. If the employer files the necessary wage information by December 31, 2019, the rate will be revised to the appropriate SUI experience rate.
Pennsylvania employers with a negative reserve ratio of greater than 20% as of the computation date may elect to have their negative balance reduced to negative 20% of the average annual taxable payroll. According to the Department's website, the following employee rates are in effect for the remainder of 2018 and for calendar year 2019: The 2020 SUI taxable wage base reverts to $9,000, down from $9,500 for 2018 and 2019. The taxable wage base reverts to $9,000 effective January 1, 2020 (unless changed by future legislation). Tax News Update Email this document Print this document, Ohio 2020 SUI tax rates increase, taxable wage base decreases; act by December 31 to potentially lower tax rates. View Tax News Update master agreement and EY privacy statement, Maximum Workers' Compensation (WC) weekly benefit rate: $921 (up from $903), Maximum Unemployment Insurance (UI) weekly benefits rate: $696 (up from $681), Maximum Temporary Disability Insurance (TDI) weekly benefit rate: $650 (up from $637), Alternative earnings test amount for UI and TDI : $8,600 (up from $8,500). The surcharge adjustment and additional contribution factors are not appealable items.
Employers that file the necessary wage information after December 31, 2019, but within 18 months after that date, will have their 2020 SUI tax rate revised to 120% of the rate that would have applied if the employer had timely furnished the wage information. SUI tax rates are part of the payroll taxes you are responsible for paying as a small business owner.
Ernst & Young LLP assumes no obligation to inform the reader of any changes in tax laws or other factors that could affect the information contained herein.