Utah Releases 2023 Unemployment Insurance Tax Rates, Wage Base

Utah announced is unemployment insurance tax rates and taxable wage base for 2023 on its workforce services department website on Dec. 1.

The tax rate for employers will range from 0.3% to 7.3%, including a social tax rate of 0.3%. Utah uses the social taxes to recover benefit costs that cannot be attributed to a specific employer.

The tax rate for out-of-state construction employers that begin operating in Utah will be 7.3%, including the 0.3% social tax rate. Tax rates for all other new employers in Utah will vary by industry group.

The taxable wage base for 2023 will be ...