** THE NH AG AND NHES CAUTION THE PUBLIC TO BE Tax Rates displayed on the Webtax System reflect the tax rate reductions in effect for positive rated employers as well as the inverse minimum rate added to the rates of negative rated employers Reduction of the Inverse Minimum Rate for Negative Rated Employers - Pursuant to New Hampshire state law (RSA 282-A:82-a) the Inverse Minimum Rate added to the tax rates of negative rated employers (Schedule II and Schedule III) has been reduced from 1.0% to 0.5% effective with taxes owed for wages to be paid in the 2nd quarter of 2023Įmployers can view their current and prior quarter tax rates on our Previously, the tax rate reduction had been 0.5% for 2022-Q4 through 2023-Q1 for employers in good standing. Tax Rate Reductions for Positive Rated Employers – Pursuant to New Hampshire state law (RSA 282-A:82) the Trust Fund has maintained a balance of at least $350 million for an entire quarter resulting in a 1.0% reduction to the tax rates of positive rated employers (Schedule I) effective with the taxes owed for wages to be paid in the 2nd quarter of 2023.
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