Florida Unemployment Compensation Tax Going Up Again

By: Associated Press
By: Associated Press

Tallahassee, FL (AP) - Unemployment compensation taxes will
nearly triple next year for some Florida employers, although the
maximum rate will remain unchanged.

The state Revenue Department announced the rate scale for 2011
on Wednesday.

Employers' taxes are individually set based on a formula that
includes their recent history. More layoffs mean higher taxes.

Those with the best records will have the biggest increase on a
percentage basis next year. That's because the minimum annual tax
will go up from $25.20 to $72.10 per employee.

The maximum, though, is staying at $378.

Even bigger increases were expected this year, but the
Legislature rolled them back while borrowing more federal money to
pay unemployment claims.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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  • by Anonymous on Nov 17, 2010 at 06:48 PM
    Right, just because there's a truck on the highway some company is making money. How many USPS trucks do you see on the highway - they lost billions last year.
  • by business owner Location: Cville on Nov 17, 2010 at 05:57 PM
    I hope this isn't going to affect businesses who don't have any claims against them. It's hard enough to stay in business in this crappy economy without having to help support businesses who lay off a lot of people. We try to be fair to our employees and treat them good but does this mean we have to pay increased unemployment taxes too? Something doesn't seem right about this!
  • by unmployed Location: usa on Nov 17, 2010 at 04:09 PM
    who cares what the employers has to pay. they havent been hireing in a couple years. if you play you pay baby. look at all the tractor tralerd on the road. companys are makeing money.
  • by Anonymous on Nov 17, 2010 at 02:35 PM
    I'm interested in what the u/c tax rate is. I know some years ago it was .0270 (lowest) and .0450 (highest).
  • by keepin' it easy Location: Florida on Nov 17, 2010 at 02:09 PM
    more layoffs equals higher taxes...all totaled, you lose money either way. How about "keepin' it easy"...no employees, but me. Life IS grand when you use what we were all born with...a brain.
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