2016 Reemployment Tax Rates Fact Sheet for Florida

2016 Reemployment Tax Rates Fact Sheet
Effective for wages paid on or after January 1, 2016.
The State of Florida pays reemployment assistance benefits to qualified claimants using monies from the UC Trust Fund, which is funded by the reemployment (formerly unemployment) tax paid by Florida employers; Florida employees do not pay into the fund.
The taxable wage base remains at $7,000 for 2016. Reemployment tax is calculated by multiplying the tax rate by the taxable wages for the quarter.
2016 Tax Rates (effective January 1, 2016) Minimum rate: .001 or $7.00 per employee Maximum rate: .0540 or $378.00 per employee
(The 2016 rate is based on annual salary up to $7,000 per employee)
2015 Tax Rates (effective January 1, 2015) Minimum rate: .0024 or $16.80 per employee Maximum rate: .0540 or $378.00 per employee
(The 2015 rate is based on annual salary up to $7,000 per employee)
Notices of reemployment tax rates for each employer will be distributed in December 2015