According to the Florida Department of Revenue, Florida is expected to experience delays in the calculation and issuance of the 2022 reemployment tax rates notices. This is due to specified benefit change information used to resolve the rates.
Notices will not be available until January 1, 2022. Employers can expect to receive their notices in early 2022, but no later than the first quarter report due date.
Employers pay Florida reemployment tax, and the tax collected is dispersed into the Unemployment Trust Fund with the intent of paying reemployment assistance benefits for eligible patrons. Although the Department of Revenue administers the reemployment tax, the Department of Economic Opportunity (DEO) carries out the reemployment benefits, which provides momentary income to workers who lose their jobs, not by their means, and are available and capable of working.
The reemployment rate is effective on annual wages up to $7,000 per employee paid by their employer in a calendar year.
In 2012, the legislation passed in Florida to change the name of the law to the Reemployment Assistance Program Law. The program was more focused on helping Florida residents seeking jobs become reemployed. Before, the law was named Florida’s Unemployment Compensation Law.
Visit the Florida Department of Revenue for more information about the tax rate delays or the reemployment tax.