Each employer that becomes liable to report workers’ wages and pay unemployment taxes is assigned a beginning tax rate until eligible for an experience rate. The Division keeps a record of experience for each employer’s account. The experience includes taxable wages reported, contributions paid (including voluntary payments) and benefits charged. Unemployment taxes paid are credited to an employer’s account. Unemployment benefits paid to eligible claimants are charged to the accounts of the claimant’s employers during the base period of the claim. These factors that are recorded in the employer’s account through the preceding July 31st are used to compute annual tax rates after the employer becomes eligible for an experience rate.
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