About the Post

Author Information

Through a merger between the Baltimore Washington Corridor Chamber and the West Anne Arundel County Chamber in early 2017, the Central Maryland Chamber of Commerce (CMCC) was created. We are dedicated to providing networking, information and growth resources to all sizes and kinds of businesses, agencies, institutions and organizations. Our connections to business, industry, academia, government are unparalleled.

Ron Adler Speaks on UI Tax Rates

Ron Adler has been a good friend to the BWCC for many years, and has been heavily involved in lending his expertise on behalf of businesses to the unemployment insurance process.  Chamber President Walt Townshend asked Ron to provide an overview of the recent announcement concerning lowering the UI tax rate.  Here’s Ron’s commentary:

2016 Maryland UI Tax Rates

The state of Maryland has just announced that lower UI tax rates (Table A) will be in effect for calendar year 2016. The minimum UI tax rate for organizations without any benefits charged against their accounts over the last three years will be 0.3%. The tax rate for employers with benefit charges against their accounts will range from 0.6% to 7.5%.

Employers should review their tax rate notices to ensure the state has calculated their rates correctly.

Additionally, employers should review their UI programs to ensure that they are effectively managing their

UI claims and tax rate experience.

The next meeting of the Maryland State UI Committee is scheduled for Wednesday, November 18, 2015 at 11 AM in Annapolis.

Advertisements

Tags:

No comments yet.

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: