The Massachusetts Executive Office of Labor and Workforce Development (EOLWD) has released the 2011 contribution rates. Employers apply the rates to taxable payroll to determine the amount of tax due.
Many 2011 Employer Rates Remain Unchanged
Although the new construction employer rate and the solvency assessment rate have both increased, the new non-construction employer rate, the minimum rate, the maximum positive rate, and the maximum rate all remain unchanged. The following table provides rates for 2011 and 2010.
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Solvency Assessment Is not Paid Directly
The Solvency Assessment is applied by the Division of Unemployment Assistance (DUA) when calculating an employer’s Statement of Account Balance. It is applied to the employer’s taxable wages for the period.
Still Have Questions on 2011 Massachusetts Unemployment Tax Rates
Contact Vision Payroll for further information on 2011 Massachusetts unemployment tax rates.
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