Vermont 2024 Tax Rates
2024 Vermont Taxes
Employee Withholding Requirements
Withholding Method
: FormulaSupplemental Wage / Bonus Rate
: 30% of the 22% that federal income tax withheld- Register as an employer on the Vermont Employment Development website
Employee's Withholding Tax Exemption Certificate
: Form W-4VT
Vermont State Unemployment Insurance (SUI)
Vermont Wage Base
: $14,300 for 2024Vermont SUI rates range from
: 0.4% to 5.4% for 2024Vermont new employer rate
: 1.0% for 2024. Varies for certain industries- Get your unemployment insurance rate: Vermont UI agency website
Vermont Child Care Contribution (CCC) - Employer
Vermont Child Care Contribution Tax
: New employer tax of 0.44% effective 7/1/2024. Employers may withhold up to 25% (0.11%) from employee wages
Vermont Catamount Healthcare Assessment Tax - Employer
Vermont Catamount Healthcare Assessment Tax
: $268.24 for 2024- A head tax for healthcare charged for all full-time-equivalent employees working for a company in Vermont regardless of residence
Vermont State Disability Insurance (SDI)
- None
Vermont Family Leave Insurance (FLI)
- None
Local Taxes
- None
Vermont Minimum Wage
Vermont Minimum Wage
: $13.67 per hour, since 2024
Vermont State Labor Laws
Vermont Termination Pay
:- Employee is fired — pay within 72 hours
- Employee quits — pay next regular payday or next Friday if none scheduled
Vermont New Hire Reporting
- VDOL-New Hire Reporting
5 Green Mountain Dr
PO Box 488
Montpelier, VT 05601-0488 - Phone: 802-828-4344
- Fax: 802-828-4286
Remit Withholding for Child Support to
- Office of Child Support
PO Box 1310
Williston, VT 05495-1310 - Phone: 800-241-2194
Vermont Reciprocal States
- None
These free resources should not be taken as tax or legal advice. Content provided is intended as general information. Tax regulations and laws change and the impact of laws can vary. Consult a tax advisor, CPA or lawyer for guidance on your specific situation.