What You Need To Know: Virginia 2015 Taxes

Looking for Virginia state tax information? In this article, you will find the latest resources on state tax, unemployment, income tax and more. Virginia Department of Taxation
Virginia Employment Commission

Virginia Withholding Requirements:

• Register as an employer by completing form R-1 or online by clicking here
• Employee's Income Tax Withholding Exemption Certificate: Form VA-4
• Withholding Method = formula
• Supplemental Rate = Withhold at 5.75% of the total.

Virginia Local Taxes:

None

Virginia State Unemployment Insurance (SUI):

Benefit ratio formula
Wage base is $8,000 for 2015
Rates range from 0.1% to 6.54%
New employers use 2.84%(plus add ons) in 2015 Foreign contractors doing business in VA use 6.54% in 2015

Virginia State Disability Insurance (SDI):

None

Virginia State Labor Laws:

Minimum Wage -The Federal minimum wage rate applies.
Termination Pay - Fired/Quit - next regular payday.

Virginia New Hire Reporting:

Employers must report hiring, rehiring, and return to work within 20 days on Virginia New Hire Reporting form to:
Virginia New Hire Reporting Center
P.O. Box 3757 Dublin, Oh 43016>
Phone: 800-979-9014
Fax: 800-688-2680
To report online click here.

Remit Withholding for Virginia Child Support to:

Division of Support Enforcement Department of Social Services
P.O. Box 570 Richmond, VA 23218-0570
Phone: 800-468-8894
To report online click here.

Virginia Reciprocal States:

Kentucky , Maryland , Pennsylvania , Washington DC , West Virginia

For paycheck calculation visit the Virginia Paycheck Calculator.


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