Unemployment tax rates for Indiana employers are to be unchanged through 2025, under a measure (HB 1111) signed March 21 by Gov. Eric Holcomb (R).
Effective from 2021 to 2025, tax rates are to be determined with a new Schedule C, with which rates range from 0.5% to 3.8% for positive-rated employers and from 4.9% to 7.4% for negative-rated employers. This range of rates is unchanged from 2020.
The measure reduced the number of possible rate schedules to five from nine and widened the range of fund balance ratios applicable to each schedule. After 2025, the revised Schedule ...
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