California Releases 2021 Unemployment Tax Rates

California’s unemployment tax rates and unemployment-taxable wage base are to be unchanged for 2021, a spokesman for the state Employment Development Department said Oct. 22.

Effective Jan. 1, 2021, the unemployment-taxable wage base is to be $7,000, the spokesman told Bloomberg Tax in an email.

Effective Jan. 1, 2021, unemployment tax rates for experienced employers are to be determined with Schedule F+ and are to range from 1.5% to 6.2%. The tax rate for new employers is to be 3.4%.

Additionally, positive-rated employers and new employers are to be assessed an employment training tax of 0.1% for 2021, unchanged from ...