Disability Insurance updated
Effective 1 January 2022, the New Jersey SDI tax rate decreased from 0.47% to 0.14% and the wage base increased from $138,200 to $151,900. The tax limit has therefore decreased to $212.66 ($151,900 x 0.14%).
Family Leave Insurance updated
Effective 1 January 2022, the New Jersey Family Leave Insurance tax rate decreased to 0.14% and the wage base increased to $151,900. This tax remains an employee paid tax.
NJ Waterfront Payroll Tax updated
Effective 1 July 2021, the New Jersey Waterfront Payroll Tax – Employer rate decreased from 1.7% to 1.6%. As a reminder, the Waterfront Payroll Tax is a quarterly employer-only tax that is meant to be run independently of any specific employee’s payroll.
State Unemployment Tax updated
Effective 1 January 2022, the New Jersey State Unemployment Tax wage base increased from $36,200 to $39,800.