What are the minimum and maximum tax rates allowed by law?
The minimum tax rate allowed by law is 0.1% (.0010). The maximum tax rate allowed by law is 5.4% (.0540). • Question: What is the taxable wage base in Florida? Answer: Unemployment taxes must be paid on the first $7,000 of wages paid to each employee per year. • Question: If I pay no wages within a quarter, must I still file a quarterly report? Answer: Yes, as long as your account remains in active status. • Question: If no tax is due on the wages paid within a quarter, must I still file a quarterly tax and wage report? Answer: Yes, you must still file an Employer’s Quarterly Report (UCT-6) and report wages paid to each employee even if no tax is due. Back to top of page • Question: When are quarterly reports due?
