Utah

Utah Payroll Updates - October 2024

Quick Look

Week Of 10.21.2024

The Utah State Tax Commission is not planning to issue any new withholding tax tables in 2025.

The current tables will continue to be used as there are no planned rate changes. These tables were last updated in June 2024 due to a reduction in Utah's income tax rate to 4.55%.

The Utah Department of Workforce Services has begun calculating unemployment insurance (UI) tax rates for 2025.

Employers can expect to receive their 2025 rate notices by the end of November 2024. These rates are determined based on factors such as the employer's benefit ratio, reserve factor, social tax rate, and potential surcharges for delinquent payments. New employers are assigned rates based on industry averages, while experienced employers' rates are calculated using their history of benefit payments and taxable wages.

Last updated: October 29, 2024
Detailed Look

Week Of 10.21.2024

Utah No New Withholding Tax Tables Planned for 2025

The Utah State Tax Commission is not planning to issue any new withholding tax tables in 2025, according to a spokesperson for the agency. The spokesperson explained that the Commission only updates Publication 14, Utah Withholding Information and Tax Tables, if there is a rate change. Since there is no rate change planned for 2025, the current tables should continue to be used next year. The state's tables were updated in June 2024 due to legislation that reduced Utah's income tax rate to 4.55%. See Payroll Guide ¶9704 for more information on Utah's withholding tax methods.

Utah 2025 Unemployment Insurance Tax Rate Update

The Utah Department of Workforce Services started the process of calculating unemployment insurance (UI) tax rates for 2025. Employers can expect to receive their 2025 rate notices by the end of November 2024. The UI program, funded by employer taxes, provides temporary income to workers who have lost their jobs through no fault of their own. Tax rates are determined based on factors including the employer's benefit ratio, reserve factor, social tax rate, and potential surcharges for delinquent payments. New employers are assigned rates based on industry averages, while experienced employers' rates are calculated using their history of benefit payments and taxable wages.

Last updated: October 29, 2024

Week Of 10.21.2024

Utah No New Withholding Tax Tables Planned for 2025

The Utah State Tax Commission is not planning to issue any new withholding tax tables in 2025, according to a spokesperson for the agency. The spokesperson explained that the Commission only updates Publication 14, Utah Withholding Information and Tax Tables, if there is a rate change. Since there is no rate change planned for 2025, the current tables should continue to be used next year. The state's tables were updated in June 2024 due to legislation that reduced Utah's income tax rate to 4.55%. See Payroll Guide ¶9704 for more information on Utah's withholding tax methods.

Utah 2025 Unemployment Insurance Tax Rate Update

The Utah Department of Workforce Services started the process of calculating unemployment insurance (UI) tax rates for 2025. Employers can expect to receive their 2025 rate notices by the end of November 2024. The UI program, funded by employer taxes, provides temporary income to workers who have lost their jobs through no fault of their own. Tax rates are determined based on factors including the employer's benefit ratio, reserve factor, social tax rate, and potential surcharges for delinquent payments. New employers are assigned rates based on industry averages, while experienced employers' rates are calculated using their history of benefit payments and taxable wages.